Glassbox gets go ahead for Travel + Escape purchase; will rep MTV International sites

OTTAWA and TORONTO - Glassbox Television has received CRTC approval to buy digital specialty channel travel + escape from CTV for $10 million.As part of the deal, the Commission accepted Glassbox’s proposed tangible benefits package totalling $1 million over seven years to be allocated as follows:- $850,000 to a self-directed fund to be known as the Glassbox Travel Multiscreen Fund. This fund will finance travel-related audiovisual content development, from concept to screen, by travel writers and emerging producers;- $150,000 for social benefit initiatives, allocated in the following manner:• $50,000 to the National Screen Institute;• $65,000 in scholarships for students in...