TV License Renewals: Bell says it follows the creative; but soon may not be able to afford some of it

Netflix, et al, changing the marketGATINEAU – The tipping point is coming.That was part of the message delivered to the CRTC by Bell Media during its appearance before the CRTC for the company’s group license renewal. Thanks to new content buyers with global reach and enormous purchasing power, securing the rights to foreign content for Canada is getting ever-more expensive.“Last May, we were in Los Angeles buying our foreign television content,” said Bell Media president Mary Ann Turcke to the commission panel. “There were three shows that we were bidding on and Netflix was the competitor – a competitor who...