OTTAWA and GATINEAU – Canada’s private conventional broadcasters recorded their highest ever revenue total in the 2007 broadcast year (ended August 31st) at $2.17 billion, says the CRTC.
That number was up slightly from 2006 while expenses were held in check, too, which meant that profits before interest and taxes rose to $113 million, up 24% over the 2006 total. As well, the PBIT margin rose from 4.24% to 5.2% during the same period. However, these totals are pretty skinny and remained below those reported between 2003 and 2005 when it was closer to 15%.
Overall, revenues from the…
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VANCOUVER – Earlier this month, media activist group Adbusters lost the court battle it launched against CBC and Canwest Global when the two broadcasters refused to sell the group airtime for its commercials.
Adbusters claimed the CBC and Canwest Global had violated its right to free speech under the Canadian Charter of Rights and Freedoms by refusing to sell air time, “but the court decided that the Charter does not apply to private corporations,” says an Adbusters release.
(Ed note: Actually, the ruling says no such thing. It was more along the lines of saying broadcasters, like retailers, can…
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OTTAWA – The CBC has welcomed a report from the Standing Committee on Canadian Heritage that recognizes the role of the public broadcaster as an essential institution that requires long-term support and reinforcement.
But there were mixed reviews from ACTRA and words of warning from the Friends of Canadian Broadcasting.
ACTRA said the government already missed a chance in this week’s budget to back up the Committee’s words with money, while the Friends pointed to the dissenting opinion from the Committee’s Conservative minority which it said sets the CBC up to fail.
The majority report, CBC/Radio-Canada: Defining Distinctiveness in…
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GATINEAU – Is an emerging artist a new singer that has been around for less than half a year and shot to stardom? Or is it a four-year-old band that has struggled out of the clubs gaining sporadic airplay?
The CRTC wants to know.
Wednesday, the Commission asked the radio and music industry to submit comments on just what the definition of an emerging artist should be – in the context of commercial radio.
It even published a report showing just how much (or little) radio stations play of new artists.
“For more than a decade, when the Commission…
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GATINEAU – Saying that two proposed purchases would violate its common station ownership policy, the CRTC has denied Jim Pattison Broadcast Group’s application to purchase two more stations in British Columbia’s Okanagan Valley.
In 2007, Pattison agreed to buy CKIZ-FM Vernon from Rogers Media and CIGV-FM Penticton from Great Valleys Radio for undisclosed purchase prices.
However, Pattison already owns two FM stations in Kelowna, which is less than 60 kms from either of Penticton or Vernon and the proximity means that such concentration of ownership in the valley runs contrary to CRTC policy, says the decision.
“As set out…
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GATINEAU – Reply comments filed with the CRTC on Friday on its broadcasting distribution undertakings and specialty services policy review don’t show anyone has changed their minds. They’ve mostly dug right in, as expected.
(And, we’ll set aside the fee for carriage debate right away for this particular piece. Over-the-air broadcasters and producers who look to see more funds flow their way want consumers to pay a fee for conventional TV stations. Cable and satellite companies do not. We’ll dive deeper into the issue in a later story.)
This story, however, is a tale of two extremes. We looked…
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GATINEAU – The CRTC flexed its regulatory muscles this morning, pressuring the soon-to-be-owners of Bell Canada to more clearly spell out who will control the corporation.
As readers are no doubt aware, a consortium led by the Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan, along with Providence Equity Partners and Madison Dearborn Partners, bid $51 billion (debt included) to take the country’s largest telco private.
Given that the new Bell will continue to own a couple of assets that fall under strict regulatory control (namely its TV distribution unit headed by Bell ExpressVu…
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GATINEAU – Day two of the hearing into the acquisition of Bell Canada by a consortium of private equity interests wrapped up in about half an hour this morning as CRTC chairman Konrad von Finckenstein decided to reconvene March 11.
After hearing Ontario Teachers Pension Plan president and CEO Jim Leech respond to many of the Commission’s concerns raised yesterday – and that certain answers to some queries would not be forthcoming for a few days – von Finckenstein said (and we’re paraphrasing here) that the two sides needed more time to exchange information, get additional information and digest…
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GATINEAU – Internet protocol television (IPTV) is officially on ice for 2008 at Bell Canada.
During Monday morning’s hearing into the acquisition of Bell by a group led by the Ontario Teachers pension plan, CEO George Cope confirmed what was already an open secret, that it has no plans to deliver digital television terrestrially over the Internet backbone until 2009 at the earliest.
CRTC vice-chair telecom Len Katz was inquiring about including the value of Bell’s terrestrial cable license (to be served using IPTV) in the calculation of transaction benefits. Cope confirmed that Bell, with a digital TV service already…
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REGINA – SaskTel today cut its long distance rates today while also asking the CRTC for permission to raise certain local rates.
The Saskatchewan Crown corporation announced further rate changes “in light of continued competitive and regulatory pressures,” the company said today. The savings in its long distance plans include:
* A $3 reduction in its anytime North America unlimited LD plan * A reduction from seven cents to five cents per minute outside plan hours on its evenings and weekends North America unlimited LD * And its straight rate North America savings plan has seen a reduction from…
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