Radio / Television News

CRTC grants Quebecor’s proposed buy of Serdy’s Évasion, Zeste


OTTAWA and MONTREAL - The CRTC has given the go-ahead to Quebecor Media’s TVA Group to buy French-language specialty channels Évasion and Zeste as part of its acquisition of parent company Serdy Media.The proposed $24 million deal, announced in May, also includes the Serdy Video group of companies.  CRTC approval was required for the change in the ownership and effective control of the two discretionary television services.The Commission said Monday that it has determined that the deal is in the public interest, noting that Zeste and Évasion stand to benefit from Quebecor and TVA’s multiplatform exposure and reach, and that “(t)he combination of...