The Council of radio-television and telecommunications commission (CRTC) began hearings on the purchase of the general-interest channel V by Bell, Wednesday at Montreal.
First, it is Bell who takes the word, in order to expose its arguments in favor of this purchase. The string V currently belongs to the family Rémillard.
“Bell Media is the best destination for a station V, because the opening of the conventional television perfectly complements our existing services,” said Karine Moses, president of Bell Quebec. “We will have access to large audiences that offer the traditional tv and Bell Media will be able to support V financially, strategically and on the plan of the operation.
Bell currently owns 30 television stations across the country, 109 radio stations and more than 200 web sites. Bell is also the largest owner of tv channels specialized.
Several groups opposed to this transaction, starting with Quebecor, which owns TVA and the Journal de Montréal. Quebecor believes that the purchase of V by that of its main competitor “would encourage the concentration of media ownership” in the hands of one dominant player and contribute to the creation of a ” monopoly canada “.
Bell countered that it is rather VAT, which is currently in a position of dominance currently.
The commissioners of the CRTC will have two days to review the plans of the giant canadian communications, at the Palais des congrès de Montréal.
In 2018, the CRTC had refused to Bell the purchase of two specialty channels for Corus, Historia and Séries+, for reasons of competition. Market conditions have, however, changed significantly since.
Bell promises in particular to provide a local news service revamped and significant investment in French-language programming. The company, however, is not in favour of the requirements of local information is set out in its licence, as is usually the case.