CBC takes Documentary Channel

The CRTC has approved a change of ownership at The Canadian Documentary Channel, passing control of the Category 1 digichannel to CBC, which now holds an 82% stake and takes over for Corus Entertainment.

The feds okayed the deal, valued at $1 million, on Friday, following a review in which critics expressed concern that the consolidation would give the Ceeb a monopoly on the market, leading to less variety and fewer opportunities for docmakers. CBC already does heavy trade in docs through its main network and CBC Newsworld.

But regulators accepted the Ceeb’s assurances that CDC will operate with due independence from its execs on Front Street, and that, although a new license will be issued, that the channel will continue to abide by its current commitment to spend at least 50% of its acquisition budget on third-party projects. The channel will also continue to focus on long-form docs.

The deal, in keeping with CRTC rules, will result in a benefits package of $100,000.

CBC previously owned 29% of CDC. The minority owners of the channel are Barna-Alper Productions, CineNova Productions, the NFB, Omni Film Productions and a numbered company. Corus Entertainment says it backed out in order to focus on programming for children and women.