Local TV Day 7: Creating new news fund won’t solve local TV problem, says Shaw and Telus

By Perry Hoffman

GATINEAU - A new fund or reallocated money dedicated to supporting local news, would do little to provide a long-term solution to the financial situation facing local TV, Shaw Communications and Telus told the CRTC on Tuesday.Telus noted in its opening remarks that any funding for local conventional stations to subsidize their news productions shouldn’t come at the expense of community TV and the diversity it provides to the system. As well, “subsidizing the commercial business models of traditional television stations will not incent the innovation required of these stations to provide sustainable programming opportunities in the long run,” said...