AV groups slam CanWest/Goldman deal for AA

TORONTO – Saying that the proposed sale of Alliance Atlantis violates Canadian media foreign ownership rules, the Coalition of Canadian Audio Visual Unions has told the CRTC the deal must be stopped. CanWest Global Communications and Goldman Sachs agreed in January to acquire specialty broadcaster Alliance Atlantis for $2.3 billion in an unusual deal which will see Goldman provide most of the equity and retain ownership of the CSI TV show franchise while CanWest would get control of the Alliance Atlantis specialty channels. A new company which would contain the CanWest TV assets and those from AA, whose board would...