Tangible benefits policy goes under review

OTTAWA – The CRTC is rethinking the way it approaches tangible benefits and how it determines the value of a transaction in the broadcast world. On Monday, the Commission called for comments on various aspects of its approach to tangible benefits. Among other things, it is asking for feedback on its preliminary view that at least 80% of tangible benefits for television services should be allocated to specific third-party funds and that the allocation of no more than 20% of tangible benefits should be left to the discretion of the purchaser. It also seeks comment on its preliminary view that tangible benefits...