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CRTC approves Rogers Broadcasting’s purchase of the Saskatchewan Communications Network

In Beauty, book reviews, Business, Contact Information, Creative Writing, Culture, Education, Entertainment, Environment, Events, Health, Living, Media Writing, Movie Reviews, Music, Opinion, Radio Podcasts, Sports, Technology, travel, Video Work, Writing (all kinds) on June 22, 2012 at 3:00 AM

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OTTAWA-GATINEAU, June 21, 2012 — Today, the Canadian Radio-television and
Telecommunications Commission (CRTC) approved Rogers Broadcasting
Limited’s purchase of the Saskatchewan Communications Network (SCN), an
educational television service, from Bluepoint Investment Inc.
“The Saskatchewan Communications Network’s educational, cultural and
public information programs are an important facet of the province’s
broadcasting landscape,” said Leonard Katz, the CRTC’s Vice-Chairman of
Telecommunications and Chair of the hearing panel. “This transaction will
enable SCN to continue to support the local independent production
community for years to come.”

The CRTC’s policy for ownership transactions requires the buyer to fund
initiatives that will benefit the broadcasting system. In this case,
Rogers will have to spend 23 per cent of its gross annual revenues to
acquire Canadian programming, including educational programming, from
independent producers in Saskatchewan. Rogers will also support the
creation of digital media by directing $300,000 to the Rogers Digital
Development Fund.

Bluepoint acquired SCN from the Government of Saskatchewan less than two
years ago. When it approved this transaction, the CRTC allowed Bluepoint
to broadcast commercial programming and advertising. Rogers will continue
to benefit from this flexibility. However, to maintain the integrity of
its licensing process and properly reflect SCN’s value, the CRTC expects
Rogers to invest an additional $1 million on independent production in
Saskatchewan over the course of the licence term.

The CRTC has renewed the SCN’s licence until August 31, 2018. This will
ensure that the spending commitments made by Rogers benefit the people of
Saskatchewan and provide stable funding to the province’s production
community.

Today’s decision follows a proceeding that included a public hearing held
from May 7 to May 16, 2012.

Broadcasting Decision CRTC 2012-339 http://www.crtc.gc.ca/eng/archive/2012/2012-339.htm

Broadcasting Notice of Consultation CRTC 2012-126 http://www.crtc.gc.ca/eng/archive/2012/2012-126.htm

The CRTC

The CRTC is an independent public authority that regulates and supervises
broadcasting and telecommunications in Canada.

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