Phil King announced the joint venture, which includes MGM’s United Artists Media Group and Hearst Entertainment.
AMC and A&E Networks have submitted comments saying they are weighing OTT options should the CRTC move forward with unbundling.
The broadcaster will market the digital startup and secure the exclusive rights to monetize Hubub in Canada.
A study commissioned by Telefilm, SODEC and the CMF concluded Canadians increasingly prefer to watch TV series to feature films, with most film viewing done via the TV set.
After Netflix and Google refused to provide the CRTC with business data, the regulator will write the US video portals out of the Let’s Talk TV proceedings.
It’s no tell-all, but Netflix provides partial answers to certain regulatory orders in a Sept. 22 letter. (Netflix’s Corie Wright pictured)
The US-based streamer said it is not subject to regulatory orders “under Canadian broadcasting law.”