Cable / Telecom News

CTF: Quebecor changes its mind

MONTREAL – Quebecor Media has decided to pull in its horns over the funding of Canadian television productions and will resume monthly payments to the CTF, at least for now. Quebecor president and CEO Pierre Karl Péladeau said late Tuesday he was encouraged by the commitment made earlier in the day by the new CRTC Chair, Konrad Von Finckenstein, to become involved in finding solutions to the issues raised by Quebecor and Shaw Communications. Von Finckenstein said the two companies had highlighted “serious issues that need to be resolved”, and that Quebecor, with its funding proposal outlined Monday, had “made a...