DENIED. We’re still surprised (and most anyone who tells you they feel otherwise is pretty much full of it).
I mean, many of us had suggested a full-on denial could happen – and the overall tone of the public hearing last month surely had some believing it was a possibility, but it was pretty difficult to find anyone who would actually say with any certainty before Thursday afternoon this deal would be nixed. The CRTC hasn’t really fully said “No” to a significant deal since Vidéotron tried to buy CFCF in the 1990s and Power Corporation wanted to buy Quebec…
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THE ASTONISHED FEEDBACK came fast and furious late Thursday as people tried to give voice to their feelings on the Commission decision to deny Bell Canada’s $3.4 billon purchase of Astral Media.
******************** “Like most observers, we had expected conditional approval,” said analyst Dvai Ghose of Canaccord Genuity in a note to clients. “This could also have implications for other potential media transactions such as Shaw-Corus, although in that case both entities are already controlled by the Shaw family. We also believe that the speculation of a Corus bid for Astral could rise and could be more palatable for regulators.
“While…
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ORLANDO – The Society of Cable Telecommunications Engineers (SCTE) board of directors has re-elected Mike LaJoie, executive vice president and CTO of Time Warner Cable, as chairman of the board for the 2012-’13 term.
In addition to LaJoie, the board elected its other officers on the eve of SCTE Cable-Tec Expo 2012. LaJoie is joined on the 2012-’13 SCTE Board’s Executive Committee by:
Vice Chairman: Terry Cordova, senior vice president and CTO, Suddenlink Communications
Secretary: Jim Hughes, senior vice president, global broadband sales, CommScope
Treasurer: Ed Marchetti, vice president, engineering/operations, Comcast Cable Communications
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VANCOUVER – The world’s first gay TV network, OUTtv promises its “most exciting fall programming lineup in its history” has something for everyone. The network is also launching in HD on Rogers and Cogeco (Rogers channel 600 and Cogeco channel 899). OUTtv began broadcasting in HD in July of this year, rolling out across the Eastlink systems.
“We are delighted that Rogers and Cogeco have been so quick to get our HD offering into their lineup. These additions come with packaging changes significantly increases our overall market penetration in Ontario and the GTA. This could…
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MY FIRST MEETING WITH SHAW Communications president Peter Bissonnette in the winter of 1998 seems like a lifetime ago. It was in Richmond Hill, then the home base of Shaw’s substantial Ontario cable operations. I think it was February.
This was before Bissonnette was even president of the company. Before Shaw and Rogers traded their Ontario and British Columbia cable systems to each other. Before Izzy Asper and JR Shaw split up WIC (Western International Communications). Before the Shaw family spun its media assets into Corus Entertainment. Before a Jean Monty-led BCE bought CTV the first time, claiming – a…
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MONTREAL – Cogeco Cable's digital customers in Quebec and in Ontario now have access to its Whole Home DVR service that was originally announced back in August. The Whole Home DVR allows subscribers to program and record shows from any connected TV in your home, to take advantage of and share recorded content between all connected TVs and to stop viewing a recorded show in one room, and pick it up where you left off in another.
With Whole Home DVR all recorded content is accessible via any compatible HD receiver in the home. Customers…
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WHILE CONCEDING THAT THE various accusations and complaints levelled against it over the past weeks and months show a high level of “competitive and financial tension” evident in the Canadian TV business nowadays, Bell Canada told the CRTC Friday that this tension should not impact the approval of its purchase of Astral Media.
In its final written reply to the CRTC hearing into the purchase, Bell Canada insisted its decision to buy Astral Media and all of its radio stations, TV properties and other assets is in the public interest and that only by owning the…
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MONTREAL – Some 55 years and 40 acquisitions later, Cogeco’s growth from $20 million to $1.5 billion in projected annual revenues stems from focusing on the future, while providing customers the best services and support each day says the company president and CEO. Louis Audet made the remarks last Wednesday to the Canadian Club of Montréal at the Hôtel Delta Montréal, where he also revealed the company’s ambitious data hosting strategy and explained why its controversial decision to purchase Atlantic Broadband remains a “terrific opportunity.”
Audet calls Cogeco’s video, Internet and telephony services that cover more than 1.6 million…
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GRANTING BELL THE RIGHT to buy Astral Media will make an already big company that acts badly, enormous, add incentive for it act even worse, which in the end will crush competition and choice in Canada. Therefore, the deal needs to be quashed altogether or tough new rules applied to constrain the biggest player in Canadian media, say final replies to the CRTC’s public proceeding into Bell Canada’s quest to buy Astral Media.
Those last written rejoinders to the Commission’s public proceeding into Bell Canada’s purchase of Astral Media (CRTC 2012-370) from intervenors were due into the Commission on Friday,…
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MONTREAL – With its traditional business of residential television, Internet and phone in Canada maturing, Cogeco Cable CEO Louis Audet says the United States will be one of the company’s main growth avenues over the next number of years.
Speaking at a CIBC institutional investors conference in Montreal on Thursday, Audet identified Cogeco’s burgeoning business services unit (telecom, data hosting, other IT services and so forth under its Cogeco Data Services division) and further network purchases Stateside as prime growth levers he intends to pull on.
The first plunge into the American cable market came earlier this year with the company’s…
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