MONTREAL – Cogeco Cable has added travel and cooking content from Canal Evasion and Zeste to its on-demand lineup in Quebec.
"Our customers are real fans of the shows these channels offer, but sometimes their schedules just don’t allow them to tune in right at broadcast time, and they’d like to have more flexibility”, said VP of marketing and strategic planning, Ron Perrotta, in the announcement. “We’ve been wanting to give them control over their television experience – free of charge. That’s what we had in mind when we signed this agreement."
Cogeco’s digital TV customers in Quebec with access/who subscribe…
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MONTREAL – Rene Guimond has been named vice president of public affairs and communications for Cogeco Inc.
Guimond most recently held the role of vice president of development, new media with Cogeco Cable. He joined the company in 2005 when he was appointed president and CEO of Cogeco Radio-Television (CRTI), taking the helm of the TQS television network and heading Cogeco’s radio operations.
His new responsibilities will be to develop and consolidate synergy between Cogeco’s public affairs and communications resources and to raise the company’s profile with its different markets, including governmental relations, Tuesday’s announcement detailed.
"I am confident that Rene Guimond’s…
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TORONTO – Cogeco Inc. CEO Louis Audet said today that as programmers continue to push carriers for more and better distribution on one side, consumers are pushing back on the other side against price increases and in favour of flexibility – and the two are headed for an inevitable crash.
The CEO of the fourth-largest Canadian cable company told the Scotia Capital 2011 Telecom and Tech conference in Toronto Tuesday morning that there is “a tendency for programmers to try and push things on distributors in greater quantities,” where they want more and more of their channels carried in ever-larger…
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MONTREAL – Cogeco Cable has announced a public debt offering of $200 million senior secured debentures series "2".
The interest rate of the debentures was set at 5.15% and priced at $99.807 per $100 for an effective yield of 5.175% per annum. Interest will be payable semi-annually on May 16 and November 16, with the first interest payment on May 16, 2011. They will have a term of 10 years with a maturity date of November 16, 2020, and closing of the offering is expected to occur on or about November 16, 2010.
The company said that the net proceeds from…
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TORONTO – Rogers Communications announced late Thursday that it has spent $75 million on voting shares of Cogeco Cable and Cogeco Inc.
Rogers Communications is acquiring the subordinate voting shares of Cogeco Cable (892,250 of them) at a cash purchase price, excluding commissions, of $43.98 per share, for aggregate consideration of $39.2 million. As for Cogeco Inc., Rogers has agreed to purchase 946,900 shares for $35.7 million.
Rogers already owns a large stake of the company’s voting and non-voting shares. The Cogeco Cable shares being acquired represent approximately 2.7% of the subordinate voting shares and after these purchases, Rogers will own…
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MONTREAL – On-going turbulence at its European operations helped to pull down fourth quarter profits at Cogeco Inc. by 16.2%.
Net income for the fourth quarter was $12.3 million, down from $14.6 million last year, despite a 5.5% increase in revenue from $316.2 million in 2009 to $333.6 as of August 31, 2010. For fiscal 2010, Cogeco’s revenues increased 5.5% to $1.3 billion, with a net income of $56.3 million, compared to a loss of $79 million a year earlier.
“Despite the slow stabilization of the global economic environment in fiscal 2010, Cogeco managed to achieve strong results, surpassing nearly all…
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MONTREAL – Cogeco customers in Ontario can now watch some of Global TV’s most popular prime time shows for free on the cableco’s on demand platform.
Available to all digital cable customers who have access to video on demand, the agreement includes new and returning favourites such as Survivor, Glee, Bones, The Good Wife and Hawaii 5.0. New episodes will be added each week.
"VOD is like a video club in the comfort of your own home, offering the ability to catch up on episodes you may have missed”, said Ron Perrotta, VP of marketing and strategic planning, in the announcement….
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MONTREAL – Cogeco Cable said Monday that it has finalized an agreement with Radio-Canada to offer some of its most watched shows to its on demand platform in Quebec.
All Quebec digital TV customers who have video on demand will now be able to access shows like Et Dieu crea… Laflaque, Les Parent, La galere, Les rescapes, Mauvais karma, Tout sur moi, 3600 secondes d’extase and more, 24 hours after their original broadcast.
"Our customers are real fans of certain TV series, but sometimes their schedules just don’t allow them to tune in, and they’d like to have more flexibility”, said…
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MONTREAL – Cogeco Cable has brought its new, faster high speed Internet service to Sept-Îles.
Business customers who currently subscribe to the company’s ‘Business HSI Enterprise’ service will be upgraded to the ‘Ultimate 50’ package at no extra cost, while residential customers in the region may now choose from either the ‘Ultimate 30’ or ‘Ultimate 50’ package.
Powered by DOCSIS 3.0 technology, the ‘Ultimate 30’ service offers speeds of up to 30 Mbps for downloads and up to 1.5 Mbps for uploads with a monthly download cap of 100 GB. With the ‘Ultimate 50’ package, speeds for residential customers can reach…
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MONTREAL – The uniqueness of the Montreal market, the fact that there is only one AM station still operating in the region, and Astral’s significant radio holdings in the province should be all the evidence the CRTC needs to grant Cogeco an exemption to its radio station ownership policy, the company told the Commission this week.
The Regulator heard arguments this week on Cogeco’s proposed $80 million purchase of Corus Entertainment’s Quebec radio assets – and one of the major issues up for discussion was Cogeco’s ownership exemption request. If granted, it would allow the company to own three…
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