UPDATE: CTV promises CRTC carrot to keep twin sticks; Chair wonders about "national predator"

By Laurel Hyatt GATINEAU – The Citytv stations are “failing” and need CTV’s injection of cash to stay afloat, so the CRTC should make an exception to its ban on owning two conventional TV stations in a market, says Ivan Fecan, president and CEO of CTVglobemedia. Allowing CTV to keep City stations in Toronto/Hamilton, Vancouver/Victoria, Calgary, Edmonton, and Winnipeg is in the public interest because “the City stations are teetering at the financial edge,” Fecan told commissioners Monday at the start of a two-day hearing into the $1.365 billion CTV buyout of CHUM Limited. The CRTC’s long-time policy of one...