CanWest proposes $136.9 million benefits package in bid to shore up specialty TV assets

OTTAWA – CanWest Media Works Inc. is arguing CRTC approval of its $2.3 billion acquisition of Alliance Atlantis Communications would “create a viable and healthy competitor for CTVglobemedia in the domestic broadcasting television sector.” The Winnipeg-based broadcaster also tells the CRTC to view the purchase as “both a reflection of, and response to, changing dynamics, trends and technologies in the domestic and international media industry (esp. a rapidly fractured media landscape; changing viewing patterns and erosion of media boundaries).” The comments were made in CanWest’s application seeking CRTC approval of the acquisition. The documents were made public Friday, when the...