GATINEAU – The CRTC expedited the release of its decisions on two broadcast transactions, announcing today Bell Media can proceed with its purchase of the V television network and Leclerc Communications can purchase CJPX-FM Montreal. The specific rationale behind each decision is not ready for release and the announcement notes they will be available at a later date. First the Bell-Groupe-V approval (which was a deal valued at $20 million, for the five off-air TV stations, when announced): The conditions on Bell’s acquisition will “guarantee adequate levels of investments in local programming and original French-language Canadian programming,” says the press...
