MONTREAL – Stingray Digital Group has received a five year renewal of its broadcasting licence from the CRTC for its national pay audio service Stingray Music.
Under the terms of the renewal, Stingray will contribute each year a minimum of 4% of the annual gross revenues earned by its pay audio programming undertaking to eligible third parties associated with Canadian content development allocated as follows:
– 25% to FACTOR;
– 25% to MUSICACTION,
– 5% to Community Radio Fund of Canada and;
– 45% to Stingray Music Rising Star to discover, encourage and promote new Canadian artists.
"We are pleased by with the CRTC's…
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OTTAWA – Canada’s publicly traded television service providers combined lost almost six times more TV subscribers in the first half of 2015 compared to the same period in 2014, and almost double what they lost in all of 2014, according to new research released Wednesday.
Ottawa-based research and consulting firm Boon Dog Professional Services also found that BCE, Rogers, Shaw/Shaw Direct, Vidéotron, Cogeco, Telus, and MTS (IPTV subscribers only) combined lost approximately 113,700 TV subscribers in their respective fiscal 2015 first and second quarters, up significantly from the 19,200 lost in the same quarters in 2014, and almost double…
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TORONTO – Corus Entertainment has announced that Teletoon Retro will cease to exist as of September 1st.
The company's Cartoon Network Canada will be shifted into its place for those TV providers who don’t already carry that channel, two carrier sources have told Cartt.ca. Both sources asked not to be named as they do not have permission to speak publicly on the matter but have been told by Corus representatives that is the plan.
While some had assumed that the channel would be rebranded as a Disney service, since Corus now owns the rights to that programming going forward and will…
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CHARLOTTE, NC — Cogeco Cable Canada’s English-language subscribers can now enjoy a one-month preview of FOX Sports Racing before it’s added to the channel lineup on Cogeco’s Sports Life tier.
“FOX Sports continues to show a strong commitment to the Canadian motor sports community, and we’re happy to make FOX Sports Racing available to our customers,” said Anne Isabelle Roussy, VP Marketing and Product Development for Cogeco Cable Canada, in a FOX Sports press release.
FOX’s dedicated motor sports network has been bolstering its schedule recently, with the addition of the Rockstar Energy Drink Motocross Nationals being held this summer…
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MONTREAL – Cogeco Inc. credited favourable exchange rates plus growth in its cable divisions, both here and Stateside, for a 4.1% increase in third quarter revenues and a 86% jump in profits.
The Montreal-based company said late Tuesday that revenue for the period ended May 31, 2015 was $557.8 million, up from $536.1 million in Q3 last year. Profits of $66.3 million, of which $22.6 million is attributable to owners of the corporation, reflected improvement of the adjusted EBITDA combined with last year's impairment of property, plant and equipment of $32.2 million, partly offset by increases in financial expense and…
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TORONTO – Rogers Communications could rake in more than $300 million for selling off The Shopping Channel and is allegedly actively seeking bids on the broadcast retailer.
According to a report from Reuters, Rogers began the sale process six weeks ago and is now in the second round of bids. Liberty Interactive Corporation is one of the bidders, according to a source quoted in the report, while other interested parties could include U.S. home shopping channel operators HSN Inc. and EVINE Live Inc., which runs ShopHQ, as well as private equity firms.
The Shopping Channel is part of Rogers' media…
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THERE ARE TWO Canadian TV carriers who offer Netflix to their customers directly via their advanced television set top boxes: Cogeco Cable and Telus Optik TV.
After seeing a recent demo of Optik TV’s impressive capabilities and living with the Cogeco TiVo system for several months, it’s become impossible to imagine what all the other carriers could possibly be waiting for. Offering Netflix to existing customers this way is an utter slam dunk.
While my wife was once ambivalent about our cable subscription and asked repeatedly if it was worth what we pay, I’d have to move into my…
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MONTREAL – Cogeco Cable subsidiary Atlantic Broadband is buying the cable system owned by MetroCast Communications for US$200 million, the companies said Monday.
MetroCast Connecticut's network passes close to 70,000 homes and businesses across nine communities in eastern Connecticut including New London, Waterford, East Lyme, Montville, Plainfield, Killingly, Sterling, Griswold, and Putnam. Additionally, MetroCast Connecticut's system serves approximately 23,000 TV, 22,000 Internet and 8,000 phone customers.
"With eastern Connecticut's strong demographics and MetroCast Connecticut's well-maintained networks, this acquisition brings sizeable residential and business growth opportunities," said Atlantic Broadband president and CEO Richard Shea, in the announcement. "Our goal is to…
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MONTREAL – Cogeco Cable has launched a new business phone service designed to meet the specific communications needs of its Fibre Services customers.
The new Hosted PBX – Fibre, Session Initiation Protocol (SIP) Trunking, and Primary Rate Interface (PRI) Replacement solutions share the objectives of lower phone service costs and improved productivity, plus are scalable to meet customers’ future needs, according to the news release.
The Hosted PBX – Fibre solution offers business customers a highly scalable solution that includes over 40 calling features and is powered by Cogeco Cable Canada's fibre-optic network. Hosted PBX – Fibre is perfect for companies…
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TORONTO – Everyone, and I mean everyone, agrees that if the Canadian TV industry is ever going to both boost revenues and build greater efficiency in the television advertising business, the companies here must work together.
More specifically, the four large vertically integrated companies must work in harmony for the greater good. It has not yet happened. This was an important focus of the discussions that happened at last week’s very informative Future TV Advertising conference in Toronto.
In theory, it should be easy. There are just four seats at the main table (Bell, Rogers, Telus and Quebecor), so the quartet…
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