MONTREAL — Quebecor and its TVA Group subsidiary will hold their annual general meetings virtually next month, in keeping with restrictions implemented by the federal and Quebec governments in response to the Covid-19 pandemic and out of concern for the well-being of all participants, the company announced Monday.
Shareholders are asked to follow the AGMs online via video webcast, as they will not be able to physically attend the meetings. TVA Group’s AGM is scheduled for Tuesday, May 12 at 11:00 a.m. (ET), and Quebecor’s will be held on Thursday, May 14 at 9:30 a.m. (ET).
In addition, Quebecor and TVA…
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By Denis Carmel
GATINEAU – Due to the Covid-19 pandemic, the CRTC public hearing into the renewal of CBC/Radio-Canada’s broadcast licences that was supposed to happen in May has been postponed until further notice, but the deadline for interventions remained back at February 20th.
However, that did not stop Quebecor from sending a letter to the CRTC on April 14 requesting the Commission put the letter on the renewal’s record, so the issues it raises can be discussed at the hearing, whenever that might happen.
Quebecor also brought the issues to the attention of the federal government. It’s a complaint made before,…
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MONTREAL — The Place des Arts Foundation (Fondation de la Place des Arts) has appointed former Quebecor lawyer and executive Serge Sasseville (pictured) as chairman of its board of directors.
Until his retirement at the end of last year, which was announced in June 2019, Sasseville held the position of senior vice-president of corporate and institutional affairs of Quebecor Media Inc. During his 32 years at Quebecor Inc., he held numerous positions as an executive, lawyer and senior manager.
A lawyer by training and a member of the Quebec Bar since 1981, Sasseville is a director of the Quebecor Fund,…
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MONTREAL – Videotron announced Saturday it will continue to waive any data overages on residential and business Internet plans until June 30.
The move will help support telework and allow people to stay connected without worrying about going over their plan’s data limit during the ongoing Covid-19 crisis. Videotron, like other carriers, removed Internet data caps in March.
“We have taken a series of initiatives to make life easier under these exceptional circumstances,” said Jean-François Pruneau, president and CEO, in the press release. “Our priority is to enable our customers to focus on what matters most: their health and that of…
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Quarterly results reporting begins this week
By Greg O’Brien
TORONTO – Both Cogeco Inc. and Shaw Communications will release their fiscal 2020 second quarter results this week, but since their quarters ended February 29th, those numbers will resemble more of a time capsule than an account of what is going on in the market right now and the real news will be what the companies have to say about what’s happened since with the Covid-19 crisis.
“We believe Canadian telcos and cablecos remain structurally sound and even after our target price revisions, we believe the sector will provide investors attractive potential total…
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GATINEAU – The CRTC expedited the release of its decisions on two broadcast transactions, announcing today Bell Media can proceed with its purchase of the V television network and Leclerc Communications can purchase CJPX-FM Montreal.
The specific rationale behind each decision is not ready for release and the announcement notes they will be available at a later date.
First the Bell-Groupe-V approval (which was a deal valued at $20 million, for the five off-air TV stations, when announced):
The conditions on Bell’s acquisition will “guarantee adequate levels of investments in local programming and original French-language Canadian programming,” says the press…
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MONTREAL — To provide some comfort during this time of Covid-19, Quebecor Content and production companies Trio Orange and 1R2D are bringing a new viewing experience called Ça va bien aller (It will be fine) to Quebecor’s TVA network, starting next week.
Reassuring Quebecers that everything’s going to be okay will be actor and playwright Fabien Cloutier (pictured left), who will welcome viewers into his home for the express purpose of making them feel better, with the help of co-star Marie-Soleil Dion (pictured right), who’ll be joining in remotely from her own home, says the news release.
With the forthrightness, humour…
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MONTREAL – Quebecor broadcaster TVA announced Monday a manager who works as a member of its TVA News team in Sherbrooke has tested positive for the Covid-19 virus.
As a precaution, the broadcaster sent all members of the TVA Sherbrooke news team home to remain segregated until it hears instructions from Quebec Public Health. The name of the manager was not released.
As a result, viewers in Estrie will receive the main TVA Network signal for their noon and 6 p.m. news broadcasts Tuesday and it may remain that way, depending on what the health officials say.
“Management wishes to mention that…
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MONTREAL – Knowing that this crisis will pass, and that Quebec producers will be poised to resume creating once the Covid-19 pandemic subsides, Quebecor Content this week green-lit Chaos, a new original series for Vidéotron’s Club illico.
The series will be produced by Amalga and Les productions Keep it Simple in collaboration with Quebecor Content.
The 10-episode series revolves around a tragedy which will forever transform the lives of young adults who attended a concert. The story of each of the characters will be deconstructed in three stages to discover what happened before, during and after this fatal evening which plunged…
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MONTREAL – We’re still in the early days of the Covid-19 crisis, but some companies are already acting in the face of declining revenues.
The latest is Quebecor, which said it is temporarily laying off 10% of its workforce, which means about 1,000 people are now out of work as of Monday.
The Québec government issued a ministerial order requiring businesses deemed non-essential to close and this is part of the reason Quebecor took this action this morning. The company did say in its statement it will provide support and financial assistance to minimize the impact on its workers.
“Since the beginning…
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