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Chum Change
If CTV swallows Chum, what's next?
Good news Tuesday for those who believe there is too much diversity in Canadian televion. Speaking at a regulatory hearing in Quebec, officials for Canada’s broadcast regulator signaled they would not block CTVglobemedia’s $1.4 billion takeover of Chum Ltd.
The deal has been stewing since last July when Chum laid off more than 280 employees and cancelled newscasts across the country in advance of a takeover bid from CTV. If approved, the merger would leave CTV with two stations each in five of Canada’s largest markets: Toronto, Vancouver, Edmonton, Calgary and Winnipeg.
CTV may still be forced to drop some stations or adjust its holdings to gain final approval. But even so, it looks like we’re heading for another wave of major Canadian media consolidation. Something Daniel Gutstein predicted in The Tyee last June, after a major Senate report on Canada’s media largely ignored the effects of concentration.
Some, however, are not content to trudge towards the inevitable. Media unions, the CBC and the friends of Canadian broadcasting have all spoken out against the CTV/Chum merger, according to the Star’s Antonia Zerbisias.
Zerbisias too, is not afraid to proffer her views on the subject. “Not one media merger so far,” she wrote Monday “has proved beneficial to local news programming.” ![[Tyee]](http://thetyee.cachefly.net/ui/img/ico_fishie.png){kind=small}
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Stump
5 years ago
Marshall said:
or perhaps Johnny Rotten's on-stage aside is also appropriate:
disclaimer: I'm a CEP member and this merger has a direct impact on my life.
IAMC
5 years ago
CRTC got us here
We are screwed by the way the CRTC decided to divi up the communications market.
They tried to be Can Con, so they decided to give the monopolies to Canadian citizens. Very much like the Russian oligarchy system, whereas very few entities are allowed to share in so much power.
I won't name names, but I am all sure that you know of the Thompson's, Black, Rogers, Shaw, BCE, Telus, CHUM, Canwest, CBC, all on the gravy train created by an over the top regulatory system, meant to enrich everyone but us consumers, who are bullied into having to deal with the oligarchy created by a socialist government, who was not interested in giving Canadians a break, merley to enrich these fat cats.
For years this has gone on.
The CPC has made a bold move to leap frog the CRTC, in order to implement more competition within the tel/data sector.
This may make a pay phone call cost fifty cents, but it will reduce your tel/data bill.
The head of the CRTC has been replaced as well.
This is all good for us consumers, seeking more choice in programming and networks.
Stump
5 years ago
umm, not really
We're more screwed by the way the major broadcasters skirt the rules and the fact that the CRTC is for all intents and purposes relatively toothless in its efforts to create a playing field where competition could thrive. The major players put profits before programming... hence the surfeit of American dreck while Canadian story-tellers fight over crumbs.
The airwaves are a public resource in the same way minerals and other natural resources are... a governing body to allocate this finite resource for the benefit of all Canadians is crucial.