Wow can buy Comedy Gold from Bell Media, create new kids channel, says CRTC

VANCOUVER and TORONTO – The CRTC has approved Wow Unlimited Networks’ proposed acquisition of specialty channel Comedy Gold from Bell Media for $6.67 million.The Commission said that it has determined that the transaction is in the public interest, and noted its potential benefits to Canadian viewers and the broadcasting system by providing a wider variety of children's and youth content, along with an increase in production within the kids genre.The Regulator also accepted the proposed the tangible benefits package of $687,000, representing 10% of the value of the transaction, though directed Wow Networks to file a revised proposal for the...