Radio / Television News

UPDATE: CanWest – AA hearing – “This is a complicated transaction“


GATINEAU – That sentence was one of the first few spoken by CRTC chairman Konrad von Finckenstein this morning as the hearing into CanWest Global`s proposed purchase of the regulated broadcasting assets of Alliance Atlantis began. And for much of the morning, the discussion settled on clauses and pieces of the transaction that talk about what CanWest can and can`t do when it comes to the operation of the new business, which will include the Alliance Atlantis stable of specialty channels as well as CanWest`s broadcasting assets. As previously reported on several occasions by Cartt.ca, investment banker Goldman Sachs is...