CAMPBELL RIVER, B.C – The Campbell River Television board of directors has called a special meeting for July 2nd to discuss details of an offer to purchase CRTV by Shaw Communications.
Details of the offer have not yet been made public but the 13,000 customer cable system could sell for over $20 million, given current cable valuations. The board said earlier this month it had had discussions with the big Calgary-based MSO.
“This is a critical meeting and members who wish to have input should appear in person or authorize a proxy for an immediate family member who…
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TORONTO – S-VOX is now operating Vancouver-based CHNU-TV and its Winnipeg sister station CIIT-TV. They are the first two conventional broadcasters owned by the faith and spirituality focused media company.
The CRTC last month approved the acquisition of these two local stations from Rogers, which chose to sell the stations when they moved to acquire the Citytv network.
"We are proud to add these vibrant local stations to the S-VOX family of channels, and look forward to helping them build on their current strengths to become leaders in their respective local marketplaces,” said S-VOX president and CEO Bill Roberts,…
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EDMONTON – Tomorrow (Tuesday), the CRTC will begin a public hearing in Edmonton, Alberta, to consider various radio programming undertaking applications to serve the Drumheller, Red Deer and Edmonton markets.
For more information or to listen to the hearing through live audio feed, click here.
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TORONTO – Over 20 industry leaders will deliver keynotes at the 2008 Canadian Telecom Summit, running from June 16 to 18 at the Toronto Congress Centre, organizers announced Tuesday.
They will give their insights into the future of Canadian telecommunications industry, while examining technology, services, consumer and business trends and policy. More than 50 experts will be participating in panel discussions.
One of the highlights of Monday’s sessions, according to organizers, is the panel on examining entertainment and content over broadband. It will feature a discussion by Gary Anderson (VP Consumer Internet Services, Sympatico MSN), Steve Billinger (Executive Director, Digital Programming and…
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NEW YORK – The American banks that have committed themselves to backing the $52 billion leveraged buyout of Bell Canada are seeking to renegotiate the deal, says a Monday story in the New York Times.
According to the story, the banks want new terms, including higher interest rates and stronger protections for the banks, as well as a lower purchase price, which is currently set at Cdn$42.75 per share. Shares closed at $38.80 on Friday and the Toronto Stock Exchange is closed today for the Victoria Day long weekend but BCE shares trading in New York were down over $2,…
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OTTAWA – The House of Commons decided last week that Bill C-327 should not proceed further. On May 13, it adopted the April 9, 2008 Report of the Standing Committee on Canadian Heritage, which made such a recommendation.
As a result, the legislative process on Bill C-327 will go no further in this session of Parliament. The bill proposed to alter the Broadcasting Act so that the CRTC would have to come up with new rules to curb violence on television. The Commission would also be required to police TV programming for any content that crossed those standards on…
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MONTREAL – BCE announced Monday it has written confirmation from the CRTC that it had met the regulator’s conditions of sale with “two minor exceptions,” just as media reports surfaced that the banks providing the financing want to renegotiate terms of the deal.
The CRTC states in the letter that its conditions set forth in its March 27 decision to approve the acquisition of BCE by an investor group led by Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan, Providence Equity Partners Inc., Madison Dearborn Partners, LLC, and Merrill Lynch Global Private…
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OTTAWA – Timothy Denton, a specialist in legal and policy issues related to the Internet and communications, has been appointed as CRTC commissioner, Canadian Heritage announced Friday.
He was involved with the Internet Corporation for Assigned Names and Numbers and the governance of the domain name industry and helped introduce long-distance voice competition in Canada as counsel to the Canadian Consumers’ Association.
From 1985 to 1987, Denton was involved with the creation of the Broadcasting Act and later took part in the creation of the Telecommunications Act while working as a policy advisor to the Minister of Communications from 1985…
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CALGARY – Star Choice lashed out at the Canadian Broadcasting Corp. on Friday, accusing it of misleading the public over carriage issues around the CBC Saskatchewan TV channel and RDI.
“The CBC’s suggestion that we are breaching regulatory rules is also wrong. Star Choice carries 79 local and regional television stations, including 16 CBC network stations and local affiliates. By comparison, Star Choice carries a total of 13 CTV network stations and local affiliates,” said Peter Bissonnette, president of Star Choice-owner Shaw Communications Inc.
In a complaint to the CRTC, the CBC accused Star Choice of being in breach…
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OTTAWA – A fund aimed at supporting not-for-profit, local radio that launched Thursday will dole out $1.4 million over seven years. Seed money for the fund, called the Community Radio Fund of Canada (CRFC), is coming from Astral Media Inc.
“Canadians may have more media choices than ever, but there has been a clear decline in the amount of programming that reflects local communities and their concerns, from both commercial and public media,” said Charles-Eugene Cyr, president of Alliance des radios communautaires (ARC) du Canada. “The Community Radio Fund will help community broadcasting reach its full potential as an…
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