CRTC approves Bell's revised CTVglobemedia benefits

OTTAWA-GATINEAU – The CRTC today approved Bell Media?'s application to redirect certain tangible benefits in a package that Bell inherited when it purchased CTVglobemedia Inc. in 2011. The Commission did not receive any interventions regarding this application. As part of its decision however, the Commission told Bell it expected the company to keep its promise to redirect the tangible benefits predominantly to third parties, such as independent producers. The tangible benefits, which the Commission says must be fully expended by 31 August 2014, will be redirected as follows: Support to Canadian dramatic series, limited series and extensions of drama series will increase...