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FYI

Media Beat: May 14, 2018

Anticipated CRTC releases this week

Media Beat: May 14, 2018

By David Farrell

Anticipated CRTC releases this week

Applications by various licensees to renew the broadcasting licences for various radio stations


Decision relating to the following application considered by the Commission at the 27 March 2018 public hearing:

  • Jim Pattison Broadcast Group Limited Partnership
    Calgary, Alberta, and Winnipeg and Selkirk, Manitoba
    CKCE-FM Calgary, CHIQ-FM Winnipeg, and CFQX-FM Selkirk – Corporate reorganization
    Public record for this application: 2017-1002-0

Decisions relating to the following applications considered by the Commission at the 7 September 2017 public hearing:

  • CPAM Radio Union.com inc.
    CJWI Montréal – Licence renewal
    Public record for this application: 2016-0601-3
  • Groupe Médias Pam inc.
    CJMS Saint-Constant – Licence renewal and licence amendment

Balsillie calls for tough privacy regulation to fight ‘surveillance capitalism’

Canada should adopt tough European-style privacy regulation to fight huge U.S. -based social media companies whose business model is based on mass surveillance, a group of Canadian tech leaders has told a parliamentary committee – Howard Solomon, IT World Canada

La Presse throws in the towel. Who’s next?

The Quebec publisher pointed directly to the flight of advertising money to Google and Facebook as a key driver of the restructuring, a reality aggravated by Ottawa’s policy of subsidizing companies for buying ad space from Google and Facebook. The entire Canadian media sector is exposed to this problem – Daniel Bernard, The Star

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Changing Channels at Rogers

It was early 2015, and Colette Watson, new to her job as vice-president of broadcast television at Rogers Media Inc., had just been handed an ugly assignment.

For decades, Rogers had run multicultural television stations under the OMNI name. They were losing significant amounts of money – and there was little hope it would get better. OMNI had become a big financial drag on a media company that was still trying to digest its $5.2-billion contract with the National Hockey League for 12 years of broadcast rights.

Ms. Watson’s marching orders from then-president Keith Pelley: “Shut it down.”

Fix it she did – Susan Krashinsky Robertson, The Globe & Mail (subscription)

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Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets
Business News

Influence Media Wins Bid to Acquire Anthem Entertainment’s Music Assets

Sources say the BlackRock-backed company bid slightly above $650 million for the assets, though the deal has yet to close.

Apparently, the third time really can be the charm, as sources say Influence Media Partners has emerged as the winner in the auction for the music assets of Anthem Entertainment, the Canadian music firm that houses music publishing assets and recorded masters royalties from the likes of Rush and Timbaland.

While two earlier efforts to sell the firm in 2017 and 2022 came up short, sources suggest that in the third go-round, the successful Goldman Sachs-shopped deal saw at least two bids come in above the $600 million mark, even though most other bidders were said to be in the $500 million to $600 million range before dropping out. In all, sources suggested that about a dozen suitors kicked the tires on Anthem.

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