Misplaced Pages

#382617

65-532: Bell Media Inc. ( French : Bell Média inc. ) is a Canadian media conglomerate that is the mass media subsidiary of BCE Inc. (also known as Bell Canada Enterprises, the owner of telecommunications company Bell Canada ). Its operations include national television broadcasting and production (including the CTV and CTV 2 television networks), radio broadcasting (through iHeartRadio Canada ), digital media (including Crave ) and Internet properties (including

130-664: A TV Everywhere service, which would allow subscribers to Bravo on participating television service providers to stream video on demand content and the Bravo channel live via the Bravo Go app . Apps for some of its other networks were also released over the following months. In December 2014, Bell Media launched CraveTV , a subscription video on-demand service. Initially, the service was available only through television providers; Bell Media president Kevin Crull argued that Bell did not want

195-707: A 42% share of the English-language television market, the new deal would only give Bell a total market share of 35.7%, but still increase its French-language market share to 23% (in comparison to 8% before). Following hearings by the CRTC in May 2013, the CRTC approved Bell's acquisition of Astral Media on June 27, 2013. The deal is subject to conditions, including the requirement to provide fair treatment to its competitors, to not impose "restrictive bundling practices" on Astral's premium movie channels, invest $ 246.9 million over

260-545: A combined $ 113 million. TQS entered bankruptcy protection and was ultimately acquired by Remstar (which renamed the network "V"). Meanwhile, Glassbox Television acquired Travel + Escape in late 2010. In two cases, the operations were closed down, specifically CBC affiliate CKX-TV in Brandon, Manitoba (which left the air in October 2009 after a deal to sell that station to Bluepoint Investment Corporation fell through) and

325-648: A company that was spun out from the broadcasting division of the Labatt Brewing Company after its acquisition by Interbrew in 1995. The sale was approved by the CRTC March 24, 2000, but CTV had to divest either Netstar's TSN or their own Sportsnet ; they chose to sell the latter to Rogers . At the beginning of the 2000s, Bell Canada Enterprises (BCE) acquired CTV Inc. (including the NetStar assets) and bought The Globe and Mail , folding

390-455: A corporation) that fall. The BBS television system was merged into CTV, with the company itself being renamed CTV Inc . the following year. The Eatons ' remaining shares, representing 41% of Baton (estimated at CA$ 450 million), were sold off to the general public in early 1998. By the end of 2001, nearly all CTV stations were consolidated under network ownership (including one replacement). In 1999, CTV Inc. acquired NetStar Communications ,

455-729: A corporation, with each owner holding a 14.3% stake in the network. However, any future acquisitions by Baton would come with all of that affiliate's CTV shares. It was around this time that former CBC executive Ivan Fecan joined the company. In 1996, the CRTC approved two major deals involving Baton. First was the acquisition of CFCN-TV in Calgary from Rogers Communications , which had recently purchased Maclean Hunter . Second, Baton and Electrohome —owner of CKCO-TV in Kitchener and CFRN-TV in Edmonton —formed an alliance, under which

520-619: A localized version of its online radio service iHeartRadio Canada . On January 14, 2016, CraveTV became available as a standalone service without requiring an existing television subscription. On May 4, 2016, Bell acquired rights to the programming and branding of Canadian specialty channel Gusto TV . The channel was shut down, and re-launched on September 1, 2016, replacing M3 under its existing Category A license . On January 31, 2017, Bell Media announced that it planned to perform another round of layoffs in 24 locations, citing various developments across Canada's broadcasting industry, as well as

585-473: A new, international television format that would "uncover, develop, and promote pop culture's next musical superstars", and "leverage Bell Media's massive reach and extensive platforms to showcase musicians on the national and international stage." CTV officially announced the new series, The Launch , in April 2017. On June 7, 2017, Wow Unlimited Media announced that it would acquire a specialty channel from

650-502: A non-core asset; as a result, much attention was given to the likely sale of the company, and potentially a breakup into several different pieces. On December 2, 2005, Bell Canada Enterprises (BCE) announced that it would sell an 8.5% interest to The Woodbridge Company Limited (increasing their total ownership to 40%), a 20% interest to Torstar , and a 20% interest to the Ontario Teachers' Pension Plan . BCE retained 20% of

715-461: A part-owner in the network when it was reorganized as a station-owned cooperative . The Board of Broadcast Governors was initially skeptical about the proposal to turn CTV into a cooperative. Since CFTO was by far the largest and richest station in the network, the BBG feared Baton would take advantage of this to dominate the network. However, it approved the deal after Baton and the other owners included

SECTION 10

#1732781062383

780-522: A provision in the cooperative's bylaws stipulating that the eight station owners would each have a single vote regardless of audience share. Additionally, if one owner ever bought another station, the acquired station's shares would be redistributed among the remaining owners so that each owner would still have one vote out of eight. In 1972, Baton began purchasing other CTV affiliates, starting with CFQC-TV in Saskatoon . This did not, however, give Baton

845-718: A similar deal for CHUM's 50% interest in MusiMax and MusiquePlus . That June, the CRTC approved the CHUM takeover, on condition that CTV sell off the Citytv stations, because of the CTV network's owned-and-operated station stations serving the very same cities. CTV ultimately chose to keep the A-Channel stations along with the rest of CHUM Ltd. assets it had previously said it would sell, except for MusiquePlus/MusiMax. Rogers Communications

910-464: A story on the changes that included remarks by Blais. CTV News president Wendy Freeman, Ottawa bureau chief Robert Fife , and the program's anchor Lisa LaFlamme felt that the inclusion of remarks by Blais was necessary due to the nature of the story. In response to the dismissal, BCE CEO George A. Cope explained that the journalistic independence of its news operations was "paramount importance to our company and to all Canadians". Shortly after taking

975-687: A streaming video app with short-form content from Bell Media properties and other sources. Canadian French In 2011, the total number of native French speakers in Canada was around 7.3 million (22% of the entire population), while another 2 million spoke it as a second language. At the federal level, it has official status alongside English . At the provincial level, French is the sole official language of Quebec as well as one of two official languages of New Brunswick and jointly official (derived from its federal legal status) in Nunavut , Yukon and

1040-486: A substantially higher investment in CTV, since its shares were redistributed among the other owners. As a result, Baton still had only one vote out of eight. In 1987, Baton began a concerted effort to take over CTV. It started this drive with a further expansion into Saskatchewan , purchasing CKCK-TV in Regina , Yorkton twinstick CKOS-TV / CICC-TV , and CBC affiliate CKBI-TV Prince Albert . A twinstick CTV affiliate

1105-461: Is believed to have resulted from a localized levelling of contact dialects between Québécois and Acadian settlers . There are two main sub-varieties of Canadian French. Joual is an informal variety of French spoken in working-class neighbourhoods in Quebec. Chiac is a blending of Acadian French syntax and vocabulary, with numerous lexical borrowings from English. The term "Canadian French"

1170-555: Is below: "We are electing to delete these analog transmitters from the main licence with which they are associated. These analog transmitters generate no incremental revenue, attract little to no viewership given the growth of BDU or DTH subscriptions and are costly to maintain, repair or replace. In addition, none of the highlighted transmitters offer any programming that differs from the main channels. The Commission has determined that broadcasters may elect to shut down transmitters but will lose certain regulatory privileges (distribution on

1235-508: Is endangered—both Quebec French and Acadian French are now more widely spoken among Newfoundland Francophones than the distinctive peninsular dialect. Brayon French is spoken in Madawaska County , New Brunswick, and, to a lesser extent, Aroostook County , Maine, and Beauce of Quebec. Although superficially a phonological descendant of Acadian French, analysis reveals it is morphosyntactically identical to Quebec French. It

1300-593: Is presented by Chantel Saunders from the CTV Saskatoon studios, with reporters filing stories from Prince Albert. It otherwise simulcasts CTV Saskatoon's 6 p.m. newscast, as well as the provincial newscasts in the morning and at 11:30 p.m. that originate from CTV Regina. On February 11, 2016, Bell Media applied for its regular license renewals, which included applications to delete a long list of transmitters, including CIPA-TV-1, CIPA-TV-2, CKBQ-TV and CKBQ-TV-1. Bell Media's rationale for deleting these analog repeaters

1365-890: Is spoken by over 350,000 Acadians in parts of the Maritime Provinces , Newfoundland, the Magdalen Islands , the Lower North Shore and the Gaspé Peninsula . St. Marys Bay French is a variety of Acadian French spoken in Nova Scotia. Métis French is spoken in Manitoba and Western Canada by the Métis , descendants of First Nations mothers and voyageur fathers during the fur trade . Many Métis spoke Cree in addition to French, and over

SECTION 20

#1732781062383

1430-689: Is spoken in Quebec. Closely related varieties are spoken by Francophone communities in Ontario, Western Canada and the New England region of the United States, differing only from Quebec French primarily by their greater linguistic conservatism . The term Laurentian French has limited applications as a collective label for all these varieties, and Quebec French has also been used for the entire dialect group. The overwhelming majority of francophone Canadians speak this dialect. Acadian French

1495-569: The Office québécois de la langue française distinguishes between different kinds of anglicisms: Academic, colloquial , and pejorative terms are used in Canada to refer to the vernacular . Examples are des "sabirisation" (from sabir , " pidgin "), Franglais , Français québécois , and Canadian French. CIPA-TV CIPA-TV ( analogue channel 9) is a television station in Prince Albert, Saskatchewan , Canada, part of

1560-593: The CBC , which then made CKBI a rebroadcaster of CBKST in Saskatoon. CBC shut down the transmitter in 2012, leaving CIPA as the only over-the-air broadcast in Prince Albert. In November 2023, the station launched its digital signal. CIPA has made several attempts at local newscasts over the years. However, due to recent cutbacks, as of February 12, 2024, its only local newscast is CTV News at Five . The newscast

1625-775: The CTV Television Network . Owned and operated by network parent Bell Media , it is a semi-satellite of CFQC-DT in Saskatoon . CIPA-TV's studios are located on 10 Street West (near the North Saskatchewan River ) in Downtown Prince Albert, and its transmitter is located between Louis Reil Trail/ Highway 11 and Highway 2 , south-southwest of the city. CIPA began transmission on January 12, 1987. In 2002, CTV parent company Bell Globemedia (now Bell Media) sold CIPA's former CBC -affiliated twinstick sister station, CKBI-TV , to

1690-620: The Competition Bureau , citing a condition on the Bell/Astral deal which forbade Bell from re-acquiring properties divested in the sale for 10 years after its completion. On January 23, 2018, Bell Media announced that it had reached licensing agreements with Starz Inc. and Lionsgate , and that TMN Encore would be rebranded under the Starz brand in 2019, featuring its programming. The following month, Bell launched SnackableTV,

1755-593: The Maritimes , the Atlantic Satellite Network (ASN), and a further 14.3% in CTV. CHUM would receive Baton's independent stations in southwestern Ontario, as well as CHRO-TV in Pembroke, which had recently disaffiliated from CTV. The Baton-Electrohome alliance now held 57.2% of CTV. Shortly thereafter, Electrohome announced it would sell its broadcasting assets—including CFRN, its interest in

1820-623: The Northwest Territories . Government services are offered in French at select localities in Manitoba , Ontario (through the French Language Services Act ) and, to a lesser extent, elsewhere in the country, depending largely on the proximity to Quebec and/or French Canadian influence on any given region. In New Brunswick, all government services must be available in both official languages. Quebec French

1885-708: The A station in Wingham, CKNX-TV (which left the air one month prior to CKX and is now a rebroadcaster of the A station in London, CFPL-TV ). CTVglobemedia acquired Toronto station CFXJ-FM from Milestone Radio in 2010. On September 10, 2010, BCE announced plans to re-acquire 100% of the company's broadcasting arm, including CTV Inc. Under the deal, Woodbridge , Torstar , and Teachers' would together receive $ 1.3 billion in either cash or equity in BCE, while BCE would also assume $ 1.7 billion in debt (BCE's existing equity interest

1950-580: The Americas whereas Acadian French, Cajun French, and Newfoundland French are derivatives of non-koiné local dialects in France. The term anglicism ( anglicisme ) is related to the linguistic concepts of loanwords , barbarism , diglossia , and the macaronic mixture of the French and English languages. According to some, French spoken in Canada includes many anglicisms. The " Banque de dépannage linguistique " (Language Troubleshooting Database) by

2015-569: The BGM fold. BGM originally announced that CHUM's A-Channel stations, Access , CKX-TV , MusiquePlus , MusiMax , Canadian Learning Television , SexTV: The Channel and BGM's own OLN would not be retained. On September 7, 2006, in order to pay for the CHUM acquisition, BGM sold additional shares to its existing shareholders. BCE did not participate in the refinancing; the net effect was an increase in Teachers' ownership to 25%, while BCE's interest

Bell Media - Misplaced Pages Continue

2080-599: The CRTC's March 2015 decision to mandate that pay television providers offer a la carte packages, Crull ordered all Bell-owned news properties, including CTV News , not to air any remarks by CRTC chairman Jean-Pierre Blais during reports regarding the decision. Although the CTV News Channel program Power Play and a report aired on the local evening newscasts complied with Crull's order, the CTV National News that night defied Crull's demand by airing

2145-636: The CRTC's choice for the new independent station in Vancouver , beating out four other competitors. The new station, CIVT-TV , would compete directly with Western International Communications 's two CTV affiliates in the market when it was launched that fall. On February 25, 1997, the Baton-Electrohome alliance and CHUM Limited announced that several stations would be swapped between them. Baton-Electrohome would acquire CHUM's Atlantic Television System (ATV), consisting of four CTV affiliates in

2210-605: The alliance, and its CTV shares—to Baton in exchange for cash and shares in Baton. These two deals were approved by the CRTC in August. Baton now held controlling interest in CTV, triggering a put option that allowed the other owners to sell their stakes in the network while still keeping their stations. Accordingly, Baton acquired the remaining CTV shares from WIC and Moffat Communications (Newfoundland Broadcasting, owner of CJON-TV , had effectively relinquished its vote when CTV became

2275-506: The assets of which were to be incorporated into Bell Media. The acquisition was primarily centered on Astral's premium services (such as The Movie Network and its stake in HBO Canada ) and its French-language radio and television stations. Bell planned to use Astral's premium offerings to enhance its own multi-platform services to compete against the likes of services such as Netflix , and its French media outlets to better compete against

2340-656: The basic service, the ability to request simultaneous substitution) as noted in Broadcasting Regulatory Policy CRTC 2015-24, Over-the-air transmission of television signals and local programming. We are fully aware of the loss of these regulatory privileges as a result of any transmitter shutdown." At the same time, Bell Media applied to convert the licenses of CTV 2 Atlantic (formerly ASN) and CTV 2 Alberta (formerly ACCESS) from satellite-to-cable undertakings into television stations without transmitters (similar to cable-only network affiliates in

2405-476: The companies would share ownership of CFCN; Baton's stations in Saskatchewan and its independent stations in southwestern Ontario; and Electrohome's CKCO. The deals doubled Baton's own interest in CTV to 28.6%. However, as part of the deal, Baton took control of Electrohome's CTV vote, allowing it to command 42.9% of CTV's shares. In January 1997, Baton-Electrohome's "Vancouver Television" proposal emerged as

2470-778: The company (later revealed to be Comedy Gold ; however, the sale would later be aborted, leading to the channel's shutdown in 2019) to form a new network targeting children and young adults, and provide children's television content for Bell's over-the-top ventures. As part of the purchase, BCE will take 3.4 million common voting shares in the company. On August 9, 2017, Bell announced that it would acquire Larche Communications ' four Ontario radio stations, pending CRTC approval. On October 17, 2017, Bell Media announced its intent to acquire Historia and Séries+ —two French-language networks whose Astral-owned stakes were divested during its acquisition by Bell—from Corus Entertainment for $ 200 million. On May 28, 2018, both transactions were blocked by

2535-563: The company directly to obtain an additional 9.9% interest, and it later bought Thomson Corporation's interest. The resulting company (Bell Globemedia) consisted of CTV, The Globe and Mail , and the Internet portal then known as Sympatico - Lycos (Lycos was later replaced by MSN ). Fecan was named the combined firm's president and CEO (a role he remained in for the duration of the BGM/CTVglobemedia era). After Monty resigned and

2600-486: The company launched Ontario Network Television, a secondary affiliation carried by Baton's CTV and independent stations in Ontario. This was expanded in 1994 into the Baton Broadcast System (BBS), which included Baton's Saskatchewan stations. BBS was meant as a backup in case Baton's ongoing acquisitions did not translate into control of CTV itself. A year earlier, CTV had been recently restructured into

2665-403: The dominant Québecor Média . The merger was notably opposed by a coalition of competing cable providers (which included Cogeco , EastLink , and Vidéotron —the last of which is also owned by Québecor Média, who felt that Bell's control of a majority of Canadian media would harm consumer choice, and lead to increased carriage fees which could cripple smaller cable companies. BCE's first proposal

Bell Media - Misplaced Pages Continue

2730-401: The group—a condition that ensured that Bell Satellite TV , Sympatico , and other Bell units continued to have access to Bell Globemedia (BGM) content. The transaction closed on August 30, 2006. This deal put to rest any rumors about a possible breakup of the company. However, Torstar's involvement led to additional media concentration concerns, mainly from media unions . Torstar insisted it

2795-596: The impact of recent regulatory decisions (such as one that prevents the federal simsub rules from being used on the Super Bowl , whose Canadian broadcast rights are currently owned by Bell Media). On February 27, 2017, Turcke left Bell to join the National Football League as president of NFL Media. She was succeeded as president by Randy Lennox . That month, Bell also announced that it had partnered with record executive Scott Borchetta to develop

2860-493: The late 1990s had become one of Canada's largest broadcasters. Formed in 1960 as Baton Aldred Rogers Broadcasting Ltd. , the company was originally created to establish Toronto's first private television station, CFTO-TV . The name of this company derived from its initial investors, including the Ba ssett and Ea ton families ( Baton ), and Aldred-Rogers Broadcasting (owned by broadcaster Joel Aldred and Ted Rogers ); Foster Hewitt

2925-579: The launch of the first digital specialty channels , including several owned by CTV. The company acquired partial ownership in TQS in 2002, the Sympatico portal was sold back to Bell Canada, while a further investment from the Thomsons (whose ownership increased to 31.5%) funded the acquisition of 15% of Maple Leaf Sports & Entertainment . However, beginning in 2003, BCE management began to refer to BGM as

2990-816: The local CTV affiliate, CJOH-TV , from Allan Slaight 's Standard Broadcasting . In 1990, Baton purchased the MCTV system of twinstick operations in Pembroke , North Bay , Sudbury , Timmins , and the Huron Broadcasting twinstick in Sault Ste. Marie . In 1993, Baton purchased CFPL-TV in London , CKNX-TV in Wingham and received a license for a new independent station, CHWI-TV , in Windsor . In 1991,

3055-589: The next seven years on Canadian-produced programming, and to maintain the operation and local programming levels of all of its television stations through 2017. The CRTC also approved Bell's proposed exemptions for maintaining ownership of Montreal's CKGM . Bell put Family , Disney XD , the two Disney Junior services, MusiMax , MusiquePlus , and five radio stations up for sale, while Corus Entertainment acquired Historia , Séries+ , and Teletoon from Astral and competitor Shaw Media . On June 6, 2013, Bell announced that Bravo would be its first network to implement

3120-492: The now-defunct Sympatico portal). Bell Media is the successor-in-interest to Baton Broadcasting (later CTV Inc. ), one of Canada's first private-sector television broadcasters. Although the company was founded in 1960 as Telegram Corporation , the current enterprise traces its origins to the establishment of Bell Globemedia Inc. in 2001 by BCE and the Thomson family , combining CTV Inc. (which BCE had acquired in 2000) and

3185-644: The operation of Movie Central , a premium television service that had been granted exclusivity in Western Canada, and cede its regional monopoly to Bell Media's The Movie Network , which was similarly restricted to Eastern Canada, allowing it to become available nationwide in 2016. Bell Media subsequently announced that it had acquired exclusive Canadian rights to all current HBO programming in Canada (rights previously shared with Corus due to its joint venture HBO Canada ). On January 6, 2016, iHeartMedia announced that it had partnered with Bell Media to launch

3250-510: The operations of the Thomson family's newspaper, The Globe and Mail . BCE sold the majority of its interest in 2006 (after which the company was renamed CTVglobemedia Inc. in 2007), but in 2011, BCE acquired the entire company (excluding The Globe and Mail ) and changed the name to Bell Media Inc. For all practical purposes, Bell Media is the successor to Baton Broadcasting Incorporated ( / ˈ b eɪ t ɒ n / BAY -ton ), which by

3315-819: The position, Turcke was criticized for remarks that considered the use of virtual private network services to evade geo-blocking and access the U.S. version of subscription video on demand service Netflix to be "stealing". In late August 2015, Bell Media began a series of layoffs, which included directors and vice presidents. On November 6, 2015, additional layoffs of 380 jobs from production, editorial, sales, and administrative roles in Toronto and Montreal were revealed. On November 17, 2015, further cuts were made, which included high-profile on-air talent from radio and television properties in Ottawa, Toronto, and Vancouver. On November 20, 2015, Corus announced that it would wind down

SECTION 50

#1732781062383

3380-438: The service to cannibalize its linear television business, because its content "[would not] exist if you didn't have the traditional TV system. So you really can't sustainably have one without the other." On April 9, 2015, Crull stepped down as president of Bell Media, and was replaced by Mary Ann Turcke , the subsidiary's former head of media sales. The move came following allegations reported by The Globe and Mail that, after

3445-704: The two into a new media venture, Bell Globemedia Inc ( BGM ). This venture was masterminded by former Bell Canada chief executive Jean Monty , largely as a response to Canwest 's purchase of the Southam newspaper chain as well as the trend of media convergence , particularly the AOL-Time Warner merger. Monty believed that to survive in a changing technological landscape, and in particular to drive subscriptions to satellite television provider Bell ExpressVu and internet service provider Bell Sympatico , BCE had to have control over content. The transaction

3510-563: The years they developed a unique mixed language called Michif by combining Métis French nouns, numerals, articles and adjectives with Cree verbs, demonstratives , postpositions , interrogatives and pronouns. Both the Michif language and the Métis dialect of French are severely endangered . Newfoundland French is spoken by a small population on the Port au Port Peninsula of Newfoundland. It

3575-406: Was $ 200 million, for a total transaction value of $ 3.2 billion). Woodbridge would also regain majority control of The Globe and Mail Inc., with BCE retaining a 15% interest. The overall deal was expected to close by April 2011. However, the sale of The Globe , which did not require CRTC approval, was completed in late December 2010. The deal was approved by the CRTC on March 7, 2011, and the company

3640-462: Was also an initial investor, but in a much smaller role. Aldred sold his shares in 1961, followed by Rogers by 1970, thereby relieving their names from the company title. With the Bassett and Eaton families firmly in control, the company went public in the early 1970s. CFTO was one of the charter affiliates of CTV when that network formed in 1961, becoming the network's flagship. In 1966, Baton became

3705-519: Was announced as the buyer of the Citytv stations on June 11, 2007, and the CHUM acquisition was finalized on June 22. Subsequently, CTVglobemedia, Inc. sold off its interests in various non-core channels. Rogers purchased several of these assets, including CTV's 33% interest in OLN in late 2007, as well as radio stations CHST-FM in London, Ontario and CHBN-FM in Edmonton , Alberta in 2010. Corus Entertainment would acquire Canadian Learning Television , Cooking Channel , and Drive-In Classics for

3770-473: Was committed to maintaining the editorial independence of the Globe and its own Toronto Star , and ultimately there were no major regulatory hurdles due to this. On July 12, 2006, BGM announced a friendly bid to take over CHUM Limited for an estimated $ 1.7 billion. The acquisition would bring the secondary broadcast system ( Citytv ), other stations including CablePulse24 , MuchMusic , Star! , Bravo! , and Space , and all of CHUM's radio stations, into

3835-440: Was denied by the CRTC in October 2012; the commission believed that the combined company would have had too much market power. Soon afterward, Bell and Astral began to negotiate a second proposal that would involve selling most of Astral's English-language television channels in order to quell fears by the CRTC. On March 18, 2013, the Competition Bureau cleared the revised proposal. Unlike the previous deal, which would have given Bell

3900-444: Was formerly used to refer specifically to Quebec French and the closely related varieties of Ontario and Western Canada descended from it. This is presumably because Canada and Acadia were distinct parts of New France , and also of British North America , until 1867. The term is no longer usually deemed to exclude Acadian French. Phylogenetically , Quebec French, Métis French and Brayon French are representatives of koiné French in

3965-586: Was officially closed on April 1, 2011. It was renamed as Bell Media Inc . On December 9, 2011, the Ontario Teachers' Pension Plan announced the sale of its majority stake in Maple Leaf Sports & Entertainment to BCE and its rival, Rogers Communications , in a deal valued at around $ 1.32 billion. Additionally, Larry Tanenbaum increased his stake in the company to 25%. The deal closed in August 2012. On March 16, 2012, BCE announced that it had entered in an agreement to acquire Montreal -based broadcaster Astral Media for an estimated value of $ 3.38 billion;

SECTION 60

#1732781062383

4030-408: Was reduced to 15%. As a result of BCE's reduced ownership in the company, Bell Globemedia was renamed CTVglobemedia Inc. on January 1, 2007. In April of that year, Rogers Communications announced a tentative deal to purchase A-Channel , CKX-TV , Access Alberta , Canadian Learning Television , and Cooking Channel from CTVglobemedia, if its purchase of CHUM was approved. Astral Media made

4095-504: Was replaced by Michael Sabia in 2002, it became clear that Monty's vision was not producing anything near the desired results, notwithstanding the good results for the individual units, particularly the CTV network. The following years provided a few cosmetic changes in BGM's assets. In 2001, CTV acquired CKY-TV in Winnipeg and CFCF-TV in Montreal, and moved the CTV affiliation in British Columbia to CIVT, replacing two affiliates that had been purchased by Canwest. That fall also brought

4160-412: Was soon launched in Prince Albert, CIPA-TV . In the late 1980s, Baton applied for a high-power station in Ottawa on channel 60. The licence was approved by the Canadian Radio-television and Telecommunications Commission (CRTC), appealed to federal cabinet by rival broadcasters, and ultimately sent back to the CRTC for review. However the license was surrendered when Baton was instead able to acquire

4225-423: Was structured as follows. In 2000, BCE acquired CTV Inc. in an all-cash transaction valued at CA$ 2.3 billion. Soon after, Monty arranged to have Thomson Corporation transfer control of The Globe and Mail , the Toronto -based national newspaper, to BCE in exchange for a significant interest (20%) in the merged CTV/ Globe entity. The Thomson family's holding company ( The Woodbridge Company Limited ) invested in

#382617