Cable & Telecom

Bell to buy Historia, Séries+ from Corus for $200M

TORONTO - Corus Entertainment today announced it will sell French-language specialty channels Historia and Séries+ to Bell Media for approximately $200 million.The sale is pending approval by the CRTC and the Competition Bureau and the two companies expect it to close mid-2018. "In the 18 months since Corus acquired Shaw Media, we have demonstrated a resolute commitment to de-lever our balance sheet to 3.5 times net debt to segment profit by the end of fiscal 2017 and 3 times by the end of fiscal 2018," said Doug Murphy, president and CEO of Corus, in the company’s press release.As reported by Cartt.ca,...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.