CRTC rejects Bell takeover of Astral Media

Posted By: Canadian Press · 10/18/2012 4:11:00 PM

OTTAWA - The federal broadcast regulator has unconditionally rejected BCE Inc.'s $3.4-billion takeover of CJAD's parent company, Astral Media.

The CRTC says the controversial deal would have placed too much power in the hands of one company and threatened the competitive media landscape in Canada.

Many had expected the regulator would approve the deal with conditions, but the decision by the Canadian Radio-television and Telecommunications Commission left little room for doubt where it stood, or the possibility it would view favourably an amended request by BCE.

The acquisition of Astral would have given BCE, already the biggest player in the English TV market, an additional 25 channels, including The Movie Network, HBO Canada and French-language Super Ecran, Family Channel and Disney Junior and more than 80 radio stations.

That's too much power, the regulator said.

The CRTC says it was not convinced the deal would have provided significant benefits to the broadcasting system and Canadians to override its concerns.

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  1. Diane Philip posted on 10/18/2012 04:46 PM
    THis proves that public participation has an influence - the fellow said 9,000 Canadian wrote in.. no doubt fans of TSN990 hahaha

    Does this mean you move back to Fort St.?
    (Thought I submitted before but didn't see it?)
  2. Benoît Bourbeau posted on 10/18/2012 06:46 PM
    I'm not sure that this is a so good decision; maybe that the CRTC would have taken a better decision by approving it with the condition that Bell sells many television and radio stations afterwards...
  3. Barcham posted on 10/19/2012 11:32 AM
    So when will the CRTC take a look at Quebecor and it's stranglehold on the French media in Quebec? Not only do they own multiple television stations and radio stations along with Videotron, but they also own Le Journal de Montreal which uses their entertainment section to promote their own programming under the guise of news reporting.

    It's also time that the CRTC takes a look at both Bell and Videotron who have a stranglehold on Internet service in Quebec. Their combined control of cable television service while limiting competition from services such as Netflix due to bandwidth limits imposed on their Internet service should be considered a conflict of interest.
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