OTTAWA – The CRTC has approved changes in ownership to Channel Zero’s English‑language specialty Category B services Moviola: Short Film Channel and Silver Screen Classics, as well as conventional television station CHCH-DT Hamilton. It also approved the change in effective control of Movieola.
In a decision announced Friday, the Commission also renewed the broadcasting licences for Movieola and Silver Screen Classics from September 1, 2014 to August 31, 2017, noting that the short-term licence renewals will allow for an earlier review of the licensees’ compliance with the CRTC’s regulatory requirements, including requirements regarding the level of Canadian programming that must be broadcast and the submission of accurate and complete program logs.
In addition, the Commission valued the transaction involving Movieola at $1.21 million and directed the licensee to pay $121,060 (10% of $1,210,607) in tangible benefits to the Canada Media Fund over the three years of Movieola’s licence term.
