Articles Tagged ‘BCE’

BCE announces next steps following approval of Astral takeover
Bell Media will add eight Astral pay and specialty TV services to its roster, including HBO Canada and Canal Vie, as well as 77 radio stations like NRJ and Virgin Radio.

CRTC approves BCE’s blockbuster Astral Media takeover
The regulatory decision follows the phone giant easing concerns about competition after an earlier bid to acquire the Canadian media group was rejected.

Astral Media posts higher earnings
The release of the Q2 results comes ahead of the CRTC considering BCE’s second application to acquire the indie broadcaster on May 6.

Bell, Astral peg tangible benefits package at $174.7 M
The new application to the CRTC focuses heavily on increasing consumer choice, according to BCE president and CEO George Cope.

Bell resubmits CRTC application for Astral takeover
BCE topper George Cope says the new deal will address the CRTC’s concerns on how the takeover will benefit consumers.

Astral confirms new deal with BCE in the works
The media group confirms discussions to revive BCE’s acquisition of Astral have resumed, after shares of the company halted trading this morning.

BCE posts lower Q3 results, despite ad bonus from London Olympics
The Bell Media division received an ad sales bonus from airing the Olympics, even as TV, radio and digital continues to be impacted by a soft ad market.

Astral Media posts higher Q4 earnings, as BCE takeover stalls
TV, raido and OOH revenues were up for the quarter, with CEO Ian Greenberg saying the company will continue to invest in new products.

Bell Canada slams CRTC for ignoring market realities
In a formal appeal to the feds regarding the Astral decision, the phone giant said the regulator relied on a 1978 working paper when making its decision on the deal.

It’s official: BCE to appeal to feds to acquire Astral Media
The formal request to the federal cabinet will be made Monday, and follows the CRTC denying the $3.38 billion transaction in a shock decision on Thursday.

CRTC chair defends BCE-Astral Media decision
Jean-Pierre Blais’s comments come as a federal spokesperson says Ottawa is not prepared to amend CRTC’s Thursday ruling denying the deal.

Five things we learned from CRTC denying BCE’s Astral takeover
The CRTC in its decision Thursday said that it is serious about undue competition in Canadian media, and hasn’t changed it’s mind that OTT services are not a threat to the Canadian broadcast system.

‘Shocked’ Bell Canada slams CRTC rejection of Astral Media deal
The phone giant said it is appealing to the federal Cabinet to possibly overturn the regulatory denial of its $3.38 billion takeover bid.

Media reaction to CRTC’s decision on BCE/Astral
Executives from across the Canadian media agency landscape weigh in on yesterday’s surprise decision.

CRTC denies Bell Canada takeover of Astral Media
It’s back to the drawing board for Astral Media as the industry’s largest independent player is denied a bid to be taken over by the Canadian phone giant.