BCE

BCEAstral2012

CRTC approves BCE’s blockbuster Astral Media takeover

The regulatory decision, with conditions, comes after an earlier bid to acquire the Canadian media group was rejected on competition grounds.

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Competition Bureau OKs Teletoon, Historia and Series+ transactions

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.

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Bell, Astral peg tangible benefits package at $174.7 M

Of the total, $124.5 million is earmarked for TV benefits, with 85% to be spent on indie on-screen productions, the companies say.

BCEAstral2012

BCE resubmits CRTC application for Astral Media takeover

“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.

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Canadian Communications Foundation in funding pinch

The news came to light after the charity’s annual meeting last week when it also named former broadcaster Pip Wedge as its president.

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BCE posts lower Q3 results, despite ad bonus from London Olympics

The Bell Media division received an ad sales bonus during the latest quarter from airing the London Summer Olympic Games, even as the TV, radio and digital division continues to be impacted by a soft ad market.

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It’s official: BCE to appeal to feds to acquire Astral Media

The formal request to the federal cabinet will be made Monday under section 7 of the Broadcasting Act, and follows the CRTC denying its $3.38 billion transaction in a shock decision on Thursday.

CRTC

CRTC chair defends shock BCE-Astral Media decision

Jean-Pierre Blais’ comments come as a federal spokesperson says Ottawa is not prepared to amend CRTC’s Thursday ruling denying the deal.

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Agency execs react to CRTC’s decision on BCE-Astral

Executives from across the Canadian media agency landscape weigh in on Thursday’s surprise ruling to deny the proposed takeover of Astral Media by BCE.

BCEAstral2012

Industry calls CRTC Bell-Astral decision “well-reasoned”, “courageous”

“This is a good day for consumers,” Rogers Communications vice chair Phil Lind said in a statement Thursday following the CRTC’s ruling.

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Five things we learned from CRTC denying BCE’s Astral takeover

The CRTC in its decision Thursday said that it is serious about undue competition in Canadian media, and hasn’t changed it’s mind that OTT services are not a threat to the Canadian broadcast system.

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“Shocked” Bell Canada slams CRTC rejection of Astral Media deal

The phone giant said it is appealing to the federal cabinet to possibly overturn the regulatory denial of its $3.4 billion takeover bid.