Search Results for: quebecor

Radio / Television News

ANALYSIS: Counting audience share as major forces rally against Bell-Astral deal

SO IT?S NOT JUST Quebecor, Cogeco and EastLink demanding the CRTC say no to Bell Canada'?s $3.38 billion purchase of Astral Media after all. Telus, Rogers, MTS Allstream, the Canadian Cable Systems Alliance, the Public Interest Advocacy Centre and others want this latest edition of the ongoing vertical integration story erased. (An earlier version of this story said Friends of Canadian Broadcasting were also opposed to the merger. That us not the case and Cartt.ca regrets the error.) Still, other groups such as ACTRA, the Writers Guild, the CMPA and Directors Guild, while not ultimately opposing the… Continue Reading

Radio / Television News

Telus says Bell/Astral deal “gravely concerning proposition”

VANCOUVER – Add Telus to the list of stakeholders opposing Bell’s planned purchase of Astral Media. The telco issued a statement Tuesday backing the ‘Say No To Bell’ coalition, and voicing its concern over the “unprecedented concentration of market power in the broadcasting sector would have on Canadian consumers”. “All Canadians should be able to access the content they want through the provider they choose; we all benefit from competition between a variety of organizations and no one company should be in a position to take away choice or access to content for consumers,” said president and CEO Darren Entwistle,… Continue Reading

Cable / Telecom News

Videotron powers Q2 growth at Quebecor

MONTREAL – Sales growth at its Videotron subsidiary helped to buoy second quarter profits and revenues at Quebecor Inc., the company reported Thursday. Consolidated revenues for the quarter ended June 30 were $1.09 billion, up 3.1% year-over-year from $1.05 billion, while operating income dipped 0.2% to $357.8 million from $358.5 million. Net income attributable to shareholders rose to $67.0 million over $55.2 million last year, which the company said was predominantly due to non-operating items.
Videotron marked revenue increases at all of its core services: Internet access was up 11.9%, cable television climbed 6.1%, mobile telephony service increased 56.9%, and cable… Continue Reading

Radio / Television News

OPINION: Costs will rise no matter who owns Astral – and other thoughts after a puzzling presser

WHILE LISTENING, PERPLEXED, to Tuesday’s “Say No To Bell” press conference led by Quebecor Inc. Cogeco Inc. and Bragg Communications, I tweeted “Horse is out of the barn, is lost in the woods and the barn is on fire.” Many of us are fond of using the “horse is out of the barn” cliché when it comes to big media mergers, noting it’s far too late now to close the door on any of it. That is undeniable, and the proposed Bell Media purchase of Astral Media is just about the last of them. The Canadian barn… Continue Reading

Radio / Television News

Bell/Astral merger “bad for Canada” says coalition headed by Cogeco, Eastlink, Quebecor

OTTAWA – Three of the country’s largest media companies – Cogeco, Quebecor, and Eastlink – are banding together in their opposition of Bell Canada’s proposed acquisition of Astral Media. The trio staged a press conference Tuesday morning in Ottawa calling the $3.38 billion deal an “unprecedented concentration of media ownership” and unveiled a website called SayNotoBell.ca that it says lays out “the risks” and “potential harm” to consumers and the Canadian TV industry should the transaction be approved.  It also encourages Canadians to voice their concerns by submitting a letter through the website to Canada's Ministers of Heritage and Industry,… Continue Reading

Radio / Television News

Specialty channel sale boost profits at TVA Group

MONTREAL – Second quarter profits at Quebecor’s TVA Group almost doubled, helped by the sale of its interests in two English-language specialty channels late last year. The Montreal-based television and magazine company reported net income attributable to shareholders for the quarter ended June 30 of $23.7 million, up from $13.8 million in the same quarter of 2011.  TVA said Tuesday that it realized a $12.9 million gain after selling its 51% interest in The Cave and its 50% interest in Mystery TV to Shaw Media. Its television sector's operating income dropped by more than $2 million to $17.04 million… Continue Reading

Radio / Television News

Bell dismisses “public misinformation campaign”; Competition Bureau promises “appropriate action”

MONTREAL – Bell Canada was quick to respond to what it described as a “public misinformation campaign” launched by Cogeco, Eastlink, Quebecor earlier in the day around its acquisition of Astral Media. The communications giant issued a statement acknowledging that the proposed transaction will change the competitive landscape, and said that “new reality has competitors worried”. "With Astral, we're actually leveling the playing field with the long-dominant media/cable company in Québec, Québecor, and bringing new investment and increased competition to the media marketplace," said Martine Turcotte, Bell's vice chair for Quebec, in the statement. "Coupled with the fast growth of… Continue Reading

Cable / Telecom News

Quebecor celebrates win, however small, in Bell ExpressVu signal piracy lawsuit

MONTREAL – The Quebec Superior Court has sided with Quebecor, in part, in civil actions filed against Bell Canada over alleged signal piracy that occurred nearly a decade ago. The court awarded Videotron/TVA $600,000 in damages, a far cry from the nearly $400 million that the two Quebecor subsidiaries were asking when the trial began last September. The actions stemmed from allegations made by Quebecor that Bell failed to prevent the piracy of its Bell ExpressVu satellite television service between 2002 and 2005. "We are glad to see the Superior Court condemn Bell for resorting to illegal means that weaken its… Continue Reading

Cable / Telecom News

Quebecor expands partnership with electronic equipment recovery program

MONTREAL – Quebecor and Videotron have upped their support for Jour de la Terre Québec’s ‘Allo la Terre!’ program that encourages Quebecers to dispose of electronic equipment in an environmentally responsible manner. Created in 2008, the program recycles components of mobile handsets that are broken or no longer used and safely disposes of hazardous substances.  In addition to handsets, consumers may dispose of cables, connectors, chargers, remote controls, tablets, batteries and accessories, and starting next July, will also accept set-top boxes, digital receivers and computer equipment. Quebecor is encouraging consumers to drop off their small electronic equipment at any Videotron, SuperClub… Continue Reading

Radio / Television News

V Interactions announces new EVP, COO

MONTREAL – V Interactions has named Natalie Larivière as its executive vice-president and chief operating officer. Larivière was previously president of TC Media, president and CEO of Quebecor’s book publishing group, plus spent 13 years at the National Bank of Canada.  In her new role, which begins August 1, Larivière’s primary responsibilities will be the management of television operations and digital platforms, as well as strategic development and the company's growth. "We are very happy to welcome Natalie Larivière to V”, said president Maxime Rémillard, in the announcement.  “She is a talented manager with extensive experience in the business world and the… Continue Reading