OTTAWA – Quebecor doesn't mince words in its complaint against the Bell Broadcast and New Media Fund: "The decisions made by the board of directors of the Bell Fund in regard to three projects submitted in 2013 and set to be broadcast on TVA channels were not made in an objective manner and were discriminatory against TVA."
In a letter to the CRTC dated February 5 and made public on Monday, Quebecor's regulatory affairs director Peggy Tabet argues that the fund's decisions to refuse the three projects were made for "non-justified reasons" and concludes that they were made in a…
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TORONTO – Registration is now open for Content Industry Connect, a one day event that promises to bring together television, film and digital media leaders for a day of visionary keynotes, entertaining and informative discussions, facilitated networking, and face-to-face meeting opportunities.
Presented by the Banff World Media Festival, Content Industry Connect will take place March 6 at The Ritz-Carlton in downtown Toronto.
Confirmed speakers include executives at Google, Microsoft, AOL, Twitter, CBC, Bell Media, Corus Television, Rogers Media, Shaw Media, a special sneak peek from the creators and stars of Orphan Black and the advance premiere of Spun Out.
For more information or to…
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GATINEAU – We're about a month away from all Canadian television distributors being required to make all Canadian national news channels available to all of their subscribers, but one seemingly basic question remains unanswered: Will Sun News Network be made available on analog cable?
Two months after the CRTC issued an order requiring that Sun News and the four other Category C national news channels be made available to subscribers of "all licensed distribution undertakings", there doesn't seem to be a consensus on this question.
The order and accompanying decision don't include the word "analog" at…
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TORONTO – While Rogers Communications posted a tough Q4 with wireless growth and profit down significantly, new CEO Guy Laurence spoke publicly for the first time on Wednesday since taking over the position in December.
On the results themselves, Laurence said the company simply must improve. “There are areas of strength, but overall they are not satisfactory to me and over time I expect to do better,” he told the conference call with financial analysts Wednesday morning after the release of the Q4 2013 and full year results.
Right now, he added, he is about half-way through…
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TORONTO – Rogers reported a 20% decrease in net profits for its fourth quarter of 2013, while operating revenue dropped 1% to $3.24 billion.
The company attributed the $18 million drop in operating revenue to weaker sales in its wireless and cable business. Approximately 790,000 smartphones were activated and upgraded in Q4, compared to 940,000 in the same period in 2012, which Rogers attributes in part to to the move from three- to two-year contacts and the associated pricing changes.
The company’s business solutions operating revenue, at $98 million, was higher than the $88 million reported during the same period last…
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OTTAWA – A Senate committee turned to a former broadcast regulator for insight on how to address the challenges facing CBC/Radio-Canada in light of its loss of Hockey Night in Canada to Rogers Communications last year.
Appearing via video conference from Florida, former chair of the CRTC Konrad von Finckenstein told the Standing Senate Committee on Transportation and Communications what he believes could be done to improve the chances for success of Canada’s public broadcaster. He pointed to unloading the corporation’s vast over-the-air broadcast network, refocusing of the public broadcaster’s content as well as changing the governance structure and oversight…
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TORONTO – Attention budding fashionistas: GameTV is bringing fashion-forward reality competition The Fashion Fund to Canada next week, complete with celebrity judges Anna Wintour and Diane Von Furstenberg.
Starting February 13 at 8:00 PM ET/PT, The Fashion Fund follows ten aspiring fashion designers vying for the chance to be named the 2013 CFDA/Vogue Fashion Fund winner. The series takes audiences behind the catwalk and showroom floor, sits in on studio visits and a Vogue fashion photo shoot, and culminates with a presentation at NYC Fashion Week and the announcement of the winner.
The designers are judged and given feedback by the…
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WHISTLER, B.C. – While Rogers, Shaw and Telus say they are supportive of an a-la-carte channel environment, executives from each company offered up some cautionary advice during CIBC’s annual Whistler Institutional Investors conference last week.
Speaking at the event January 23, Steve Wilson, Shaw’s executive vice-president of corporate development and CFO, acknowledged the industry realizes that consumers want more choice, and from his company’s point of view, it’s about giving them the ability to access content in a variety of ways. There also needs to be consideration given to the impact that has on the Canadian broadcasting system and the…
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CALGARY – Shaw Communications said Tuesday that it is offering $500 million principal amount of 4.35% senior notes due 2024 and $300 million principal amount of floating rate senior notes due 2016.
The net proceeds of this offering will be used for repayment or redemption of the $600 million principal amount of senior notes due June 2, 2014 and for working capital and general corporate purposes.
Closing is scheduled to occur on January 31, 2014. Based on the closing purchase price, the effective yield of the 2024 notes, if held to maturity, is 4.353%. The 2016 notes will bear interest at an…
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WHILE THE CANADIAN SUBSCRIPTION television market is at the beginning of a decade-long decay, growth is still in the cards for cable and telecom companies in Canada thanks to the world’s shift to broadband, says a new report from Scotiabank.
The report, entitled “Embrace the Evolution” (whose cover photo is pictured) says thanks to broadband internet “the growth outlook is bright” for telcos and cablecos (1%-1.5% revenue growth and 2.5%-3.5% in EBITDA growth), due partially to more predictability on the capital expenditure front – and the concentration on more profitable broadband products and services.
However, it won’t be pretty on the…
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