LPIF: Bell changes position on CBC, saying give the Corp. money when it's the sole local TV station

GATINEAU – Bell Canada is now prepared to allow the Canadian Broadcast Corp. to receive money from the Local Programming Improvement Fund (LPIF) as long as the pubcaster is the sole provider of local TV services in a particular small market. The media and communications giant had argued in comments that since the CBC receives approximately $1 billion from the federal government it shouldn’t qualify for funds from LPIF. But during opening remarks, Mirko Bibic, executive VP and chief legal and regulatory officer at BCE, said private local TV remains in a difficult financial situation and could see station closures,...