Articles Tagged ‘Astral Media’
Three prizes of $30,000 are available for the short film initiative, comprised of a contribution from the fund and pay-tv broadcast licence fees from TMN and Movie Central.
The sales, as part of the complex Bell-Astral deal, would make Corus the sole owner of these properties, contingent on approval by the CRTC.
Of the total, $124.5 million is earmarked for TV benefits, with 85% to be spent on indie on-screen productions, the companies say.
Astral Media CEO Ian Greenberg (pictured) said the second go-around for BCE will include a “large” tangible benefits package to support Canadian content.
Both media groups reported higher TV ad sales, despite an uncertain economic climate.
“We heard Canadians and the CRTC loud and clear – they want assurance that Astral joining with Bell Media will directly benefit consumers and creators,” Bell Canada topper George Cope said Monday.
CEO Ian Greenberg said the company will “maintain the same financial discipline that allowed the company to grow in fiscal 2012 and…continue to invest in content and new products.”
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