CRTC greenlights Bell’s sale of Teletoon, Historia and Séries+ to Corus

OTTAWA – Corus Entertainment has received CRTC approval to proceed with its purchase of a number of television stations being sold by Bell Media.The Commission said Friday that the $400 million sale of Teletoon, Historia and Séries+ “will result in a consolidation that will facilitate the creation, promotion and distribution of diverse, high-quality Canadian programming for Canadian and international audiences, particularly in the children’s and animation programming sectors. It will also enhance diversity and foster greater competition in the French-language market.”It did, however, impose conditions of licence designed to “limit the potential for anti-competitive behaviour by Corus”, and ordered the broadcaster to file licence amendment applications...