Nov 30, 2020
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Headline, Industry News

CRTC approves sale of ARTV stake

TORONTO — Canada’s TV regulator on Friday approved a deal by broadcaster CTVglobemedia to sell a 15% stake in French-anguage arts channel ARTV to the rival Canadian Broadcasting Corp. for CAN$1.76 million ($1.73 million).

The green light from the Canadian Radio-television and Telecommunications Commission means that the CBC, Canada’s public broadcaster, now retains a 60.66% voting interest in ARTV, leaving Tele-Quebec with a 24.34% stake and ARTE France with another 15% stake.

Source: Hollywood Reporter

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Headline, Industry News

CRTC approves sale of ARTV stake

TORONTO — Canada’s TV regulator on Friday approved a deal by broadcaster CTVglobemedia to sell a 15% stake in French-anguage arts channel ARTV to the rival Canadian Broadcasting Corp. for CAN$1.76 million ($1.73 million).

The green light from the Canadian Radio-television and Telecommunications Commission means that the CBC, Canada’s public broadcaster, now retains a 60.66% voting interest in ARTV, leaving Tele-Quebec with a 24.34% stake and ARTE France with another 15% stake.

Source: Hollywood Reporter

Leave a Reply

Your email address will not be published. Required fields are marked *

Headline, Industry News

CRTC approves sale of ARTV stake

TORONTO — Canada’s TV regulator on Friday approved a deal by broadcaster CTVglobemedia to sell a 15% stake in French-anguage arts channel ARTV to the rival Canadian Broadcasting Corp. for CAN$1.76 million ($1.73 million).

The green light from the Canadian Radio-television and Telecommunications Commission means that the CBC, Canada’s public broadcaster, now retains a 60.66% voting interest in ARTV, leaving Tele-Quebec with a 24.34% stake and ARTE France with another 15% stake.

Source: Hollywood Reporter

Leave a Reply

Your email address will not be published. Required fields are marked *

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