TORONTO – On Monday afternoon, CTV received a letter from Shaw Communications asking to see the package of due diligence information it has prepared on CHWI-TV Windsor, CKNX-TV Wingham and CKX-TV Brandon.
Readers will recall that last week, in a newspaper ad, Shaw Communications offered to buy the three TV stations (two Ontario A-Channel stations and one CBC affiliate in Brandon) for a dollar each – the sum for which CTV CEO Ivan Fecan previously said he could not find a buyer.
About two hours after hearing of the offer from the Cartt.ca story about the ad last…
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TORONTO – Rogers Broadcasting has received CRTC approval to buy radio stations K-Rock and KIX Country in Kingston, Ontario.
Rogers purchased a minority interest in these stations in 2000, and in December made an offer to purchase the majority interest of independent radio company K-Rock 1057 Inc. who launched K-Rock 105.7 FM (CIKR FM) in 2001 and KIX Country 93.5 FM (CKXC FM) in 2007 in partnership with Rogers.
"With these two radio stations, Rogers will have a strong presence in Kingston", said Paul Ski, CEO of radio for Rogers Media, in the press release. "We look forward to…
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ST CATHARINES, ON – World Impact Ministries (WIM), a Canadian based religious charity known for media and international work, has received the go ahead from the CRTC to buy The Christian Channel from S-VOX.
“We are committed to programming that will entertain, educate and encourage spiritual dialogue and growth," said WIM’s president and founder Peter Youngren, in the press release announcing the sale. “We also want to rekindle some of the initial sense of purpose that permeated Christian TV, to present the Gospel in a way that causes Canadians to re-discover Jesus Christ as meaningful in their lives".
WIM said…
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TORONTO and MONTREAL – Look Communications is selling its spectrum and broadcast license for $80 million in cash to Bell Canada and Rogers Communications, through their joint venture Inukshuk Wireless Partnership.
Under the agreement, Inukshuk will buy Look’s 92 MHz of contiguous licensed spectrum in Ontario and Quebec covering approximately 18 million people and 1.8 billion MHz/Pops, plus its mobile broadcast license which has been renewed by the CRTC through August 2011.
"We have long believed that our assets held value given the promise of mobile broadband. That promise is becoming a reality for Canadian businesses and consumers, both of…
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OTTAWA – MTS Allstream is asking the federal government to reject proposals from Bell Canada and Telus that it says would “stifle broadband internet competition”.
The company issued a statement Monday in response to petitions by Bell Canada and Telus, claiming its telecom brethren are asking “for latitude to raise prices, reduce competition, and control the content that users are able to access”.
“Adopting the ideas tabled by Bell and Telus would entrench them as the gatekeepers for customer choice in telecom services,” said MTS Allstream CCO Chris Peirce, in the statement. “Bringing choice and competition to the market for…
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TORONTO – The new agreement between ACTRA, the Canadian Film and Television Production Association (CFTPA) and l’Association des producteurs de films et de télévision du Québec (APFTQ) was brokered quickly and ahead of schedule, and should bring “stability to the industry”.
Performers and independent producers have reached tentative terms for renewal of their independent production agreement, which would give performers a rate increase of 2% each year for three years. The balance of the other terms and conditions remain unchanged.
The agreement covers the engagement of performers on all film, television and new media production in Canada, except for British…
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GATINEAU – Like CTV beforehand, Canwest – in its second appearance at the CRTC’s OTA licence renewal hearings – focused on obtaining relief from certain of its programming obligations Thursday afternoon in front of the Commission.
There was little tension in the Q&A session, but there were some requests for “changes” to Canwest’s licence obligations – repeated from the Tuesday appearance – and several specific requests for Global Ontario, Global Quebec and CJNT-TV in Montreal, a station focused on ethnic programming.
Again like CTV, Canwest asked for changes to its priority programming conditions. But where CTV asked that the…
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CALGARY – Shaw Communications doesn’t take long to act.
In fact, says company president Peter Bissonnette, the decision to go after three CTV-owned stations made available to purchase for the low-low price of a dollar each was made on Wednesday, with an offer executed via a newspaper ad slated for today’s Globe and Mail, but scooped yesterday by Cartt.ca instead.
Within hours of hearing of the ad from Cartt.ca, CTV accepted and Shaw – after some due diligence and contracts we suppose – will own CKNX-TV in Wingham, Ont., CHWI-TV Windsor, Ont. And CKX-TV Brandon, Man., for three…
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CALGARY – In a full page ad which is slated to run in tomorrow’s Globe and Mail, Shaw Communications says it believes over-the-air television has a bright future and it will purchase three stations CTV says it wants to close because it could not find a buyer for them, even for a buck.
The ad, (click here to see it) signed by CEO Jim Shaw, warns Canadians their broadcasters are seeking a bailout worth hundreds of millions of dollars. “They call this Fee for Carriage. Without mincing words, this is a tax. It is a direct tax on…
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GATINEAU – Bell Canada says it has continued to develop an interesting way for the conventional broadcast industry to go digital, but it is bumping up against stiff opposition by those broadcasters to its so-called (and perhaps mis-named) FreeSat proposal.
In a nutshell, Bell is offering broadcasters the ability to distribute their local signals digitally, via satellite, covering their entire traditional over-the-air contours, without upgrading a single transmitter. And beyond paying about $450 for the required dish, set top box and installation, FreeSat would not cost the tens of thousands of OTA-only consumers a monthly subscription fee to Bell TV,…
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