Astral Media Inc. (Astral) today officially joins with Bell Media following the completion of the $3.2-billion acquisition of Astral by BCE Inc. (Bell).
Today, the Canadian Radio-television and Telecommunications Commission (CRTC) approved an application by Astral Media Inc. to sell its pay and specialty television channels, conventional television stations and radio stations to BCE Inc. The CRTC’s approval comes with a number of conditions that are necessary to uphold the public interest.
Astral’s Harold Greenberg Fund’s English-Language Program (Fund) is pleased to announce its latest round of funding for 27 new and ongoing projects through its Script Development Program.
Astral Media Inc. (Astral) and BCE Inc. (Bell) today announced they have replied to interventions filed with the Canadian Radio-television and Telecommunications Commission (CRTC), part of the CRTC’s process to review the proposed transaction to unite Astral and Bell Media.
Astral Media Inc. (TSX: ACM.A ACM.B) today reported its financial results for the second quarter ended February 28, 2013, which saw continued growth in net earnings, EPS, EBITDA2, revenues and cash flow from operations2.
Astral Media Inc. (Astral) and BCE Inc. (Bell) today welcomed the public gazetting of their revised application to the Canadian Radio-television Telecommunications Commission (CRTC) to unite Astral and Bell Media.
Astral Media Inc. today announced that the Canadian Competition Bureau (the “Bureau”) has issued a “no action letter” in connection with its previously announced acquisition by BCE Inc. (“Bell”). The issuance of this letter constitutes one of the two required regulatory approvals contemplated in the arrangement agreement entered into by Astral and Bell in connection with the transaction.
Today, the Canadian Radio-television and Telecommunications Commission (CRTC) denied BCE’s application to acquire control of Astral Media’s television and radio services because it is not in the public interest. Astral Media operates 84 radio stations and 20 pay and specialty television channels in both official languages.
Today’s effort by certain cable/media competitors to launch a public misinformation campaign around Bell’s acquisition of Astral Media is clear evidence that the competitive landscape is changing, and the new reality has competitors worried.
The following is a open letter for Canadian TV viewers.