Radio / Television News

Competition Bureau halts Corus’ sale of Historia, Séries+, to Bell Media


TORONTO – The Commissioner of Competition has put the kibosh on Corus Entertainment’s plan to sell French-language specialty channels Historia and Séries+ to Bell Media.Corus announced the decision in a statement early Monday, adding that both it and Bell Media are reviewing the decision “and considering the appropriate course of action." Corus also pledged to provide further updates “in due course”.The $200 million proposed sale, first announced last October, requires both Competition Bureau and CRTC approval, plus “other customary closing conditions," added Corus.  The application is currently before the CRTC.As readers will recall, Historia and Séries+ (plus the remaining 50%...