Radio / Television News

Corus and Bell end Historia-Series+ deal UPDATE: Competition Bureau says why


TORONTO – Corus Entertainment and Bell Media have officially agreed to terminate their share purchase agreement for French-language specialty channels Historia and Séries+ since, as announced Monday, the Commissioner of Competition did not approve the $200 million sale of the channels to Bell.It was in 2014 that Bell was made to divest the channels as a condition of its purchase of Astral Media to reduce its concentration of specialty channel ownership.The Competition Bureau’s decision this time around will likely have pleased Quebecor Media CEO Pierre-Karl Péladeau, who argued here in April against the deal.Should Corus still be interested in selling...