🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

UPDATE 1-Canada's broadcast regulator renews TV licenses for 5-year term

Published 2017-05-15, 04:37 p/m
UPDATE 1-Canada's broadcast regulator renews TV licenses for 5-year term
RCI
-
BCE
-
CJRb
-
QBRb
-

(Adds details on decisions)

OTTAWA, May 15 (Reuters) - Canada's broadcast regulator said on Monday it will renew the broadcast licenses for the country's biggest television service providers, and it also partially approved Rogers Communications Inc' application to run a national multilingual service.

The Canadian Radio-television and Telecommunications Commission (CRTC) said the licenses for distributors that collectively provide television service to three-quarters of the Canadian market will be renewed as of September for five years, rather than the typical seven.

The regulator had already warned the country's largest television distributors - BCE Inc BCE.TO , Rogers RCIb.TO , Quebecor QBRb.TO and Corus Entertainment CJRb.TO - not to expect lengthy extensions.

In a separate decision, the CRTC granted Rogers a three-year license to operate a foreign-language channel called OMNI Regional. The channel will be granted mandatory distribution during that time, meaning broadcasters will be required to include it in basic TV service.

However, the CRTC called the approval an interim measure, saying the application for the channel did not fully meet the regulator's expectations for a service that would reflect Canada's ethnic communities.

As such, the regulator also issued a call for applications for a national, multi-ethnic service that would be given mandatory distribution.

Rogers had proposed making OMNI a national channel after its elimination of ethnic newscasts sparked an outcry from viewers and concerns of a lack of diversity on Canadian television.

The regulator has taken an aggressive stance in support of consumer choice in recent years, including mandating "pick and pay" options for television viewers. Last month, it strengthened its net neutrality rules, saying all data delivered online should be treated equally by internet service providers.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.