CTS 2020: Without new rules fast, local stations will die, says Bell exec

By Greg O’Brien TORONTO – While pleased to see some recent positive signs from the federal government which may help preserve traditional local media like TV and radio stations, Bell Media’s Nikki Moffat told delegates of the Canadian Telecom Summit on Thursday more needs to happen, more quickly. The president, radio and local TV and SVP finance decried how huge foreign media streaming giants, which “don’t pay tax” are driving down revenues and consumption of Canadian media. “The result of these global entrants is driving down consumption of domestic video (which) went from 83% in 2011 and now eight years...