Radio / Television News

OUTtv ownership alterations

TORONTO/VANCOUVER - Buying out minority shareholders Pink Triangle Press (PTP) and Peace Point Entertainment Group (PPEG), James Shavick and his partner Joy MacPhail have consolidated their position as the majority shareholder of OUTtv, Canada’s national gay and lesbian television network. The move increases Shavick’s stake in the cable channel from approximately 52% to about 95%. For more than 40 years PTP has been Canada’s preeminent gay media organization, best known for the Xtra community publications in Toronto, Vancouver and Ottawa, and Fab magazine. PPEG (peacepoint.tv) is one of Canada’s leading media companies, developing, producing and financing leading edge transmedia and mobile...