BBC Kids sold to B.C. educational broadcaster

OTTAWA – Children’s channel BBC Kids has been officially sold to Knowledge-West Communications Corporation (KWCC) after the CRTC approved the transaction Friday.KWCC is a subsidiary of Knowledge Network Corporation, British Columbia’s educational broadcaster. While KWCC paid $500,000 to Jasper Junior Broadcasting Inc., a division of Shaw Media, for the channel, the Commission agreed to waive any tangible benefits associated with the transaction, noting that the channel “has never achieved profitability” and that its distribution agreements with Canadian BDUs “had either expired or were on the verge of expiration”. The CRTC also acknowledged that KWCC “needs significant cash resources to rebuild...