Radio / Television News

Competition Bureau OKs Bell-Astral II; Family for sale. Corus to get Teletoon, also others from Shaw

OTTAWA – It’s all in the CRTC’s hands now. Following a review of BCE’s second $3.38 billion proposal to purchase Astral Media inside of 12 months, the Competition Bureau said late Monday it had reached an agreement with Bell “that preserves competition in the supply of English and French pay and specialty television programming services in Canada,” according to the Bureau’s press release. Under the terms of the Consent Agreement filed with the Competition Tribunal Monday, Bell must divest itself of Astral Media’s ownership interests in Family Channel, Teletoon, Teletoon Retro, Disney XD, the Cartoon Network, Disney Jr. (English and...