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#1 |
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Join Date: Sep 2006
Location: Woodstock, Ontario
Posts: 1,069
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CRTC is not releasing its daily announcements until after 4 pm est on Friday. It is expected that the decision on the Shaw purchase of Global/Canwest will be announced alongwith a number of conditions to permit the acquisition. Must be a good one if they are waiting until the stock market closes.
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#2 |
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Member #1
Join Date: Dec 2001
Location: Toronto
Posts: 47,501
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The 4pm makes sense because they are public companies. The fact that its on a Friday suggests the decision won't be a popular one among the public. In other words, Shaw will get control of Global and all the Digital Channels.
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As of January 2012, I am no longer the owner of the Digital Home website. If you have questions about the operation of the site, please contact VSAdmin. For personal inquiries contact me at the Hugh Thompson website. |
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#3 | ||
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Join Date: Aug 2004
Posts: 844
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Big decisions like this are always released by the CRTC on Friday afternoons after the stock market closes, for some reason!? Do they actually think if the decision was released in the middle of the day that it would crash the stock market?!
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#4 |
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Join Date: Jun 2002
Posts: 1,371
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Maybe this post should be turned into a poll. Do you believe the CRTC will approve the Shaw-Global merger? Or reject it?
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#5 |
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Join Date: Mar 2005
Location: Winnipeg
Posts: 144
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My prediction: Takeover approved, but OTA stations and specialty channels must be kept at arms length in a subsidiary corporation. something like Corus is now.
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#6 |
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Veteran
Join Date: Oct 2005
Posts: 1,646
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I don't think so. Shaw buttered them up way too much about the OTA stuff. Some were even calling Shaw a supporter of OTA.
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#7 | |
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Join Date: Aug 2004
Posts: 844
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Quote:
I think there will be some strings attached, most likely related to Corus and keeping the two companies separate and cancon stuff with regards to Global. Hopefully Shaw will follow through with regards to their promises to switch over all their OTA transmitters to digital and restore morning news shows on some of the Global stations that don't currently have one like Global Toronto. |
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#8 |
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Veteran
Join Date: Feb 2002
Location: Calgary, AB Shaw Exo
Posts: 4,811
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Why would the decision to allow the takeover be unpopular with the public Hugh?
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#9 |
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Join Date: Jun 2007
Posts: 605
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Forget free dishes and local programming with them. I'd rather Global stations be required to match the CBC OTA signal strengh (aka similar to what US station have) and proper guide data for the upcoming week.
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#10 |
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Join Date: Sep 2003
Location: Rogers Cable, Scarborough, Ontario Canada
Posts: 1,299
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I believe that the decision will be denied, to have them approve thry they would have to sell off some specialty like how CTV did when they bought CHUM. i can see Rogers taking Global TV
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#11 |
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Veteran
Join Date: Aug 2003
Location: Hamilton
Posts: 3,029
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SM24,
I seriously doubt it will be denied. The only restrictions that may get imposed is they might have to give up some over-the-air TV stations and radio stations. As for specialty channels, I 100% guarantee they will keep them all UNLESS Shaw chooses to sell some on their own accord. Also CTV did NOT have to give up any specialty channels in the CHUM buyout deal. They did sell some of the assets to other companies but that was on their own accord and had nothing to do with regulatory restrictions. CITY-TV was the only asset that was required to be put up for sale. |
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#12 | |
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Join Date: Mar 2008
Posts: 134
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IMO, should they? Yes. Shaw would become an unstoppable behemoth. They are the largest cable company in the country, they have a national satellite service, the will launch their own wireless service this or next year I believe, they own Corus which is already fairly big with TV and radio assets and a production company, and they will soon own Canwest which is already huge, consisting of a national broadcast network and a slew of highly rated specialty channels. That just goes to show you how insane things have gotten here, that the CRTC has actually allowed things to get that bad and will likely continue to allow things to get this bad. They should certainly have to sell off something, whether it be Corus or Shaw Direct. |
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#13 | |
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Member #1
Join Date: Dec 2001
Location: Toronto
Posts: 47,501
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Quote:
__________________
As of January 2012, I am no longer the owner of the Digital Home website. If you have questions about the operation of the site, please contact VSAdmin. For personal inquiries contact me at the Hugh Thompson website. |
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#14 |
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Veteran
Join Date: Aug 2003
Location: Hamilton
Posts: 3,029
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Oh, I know that in the end Shaw wont have to sell anything and it's B S that they will not have to.
The worst decision the CRTC ever made was allowing CTV to acquire CHUM Limited and allowing the ridiculous deal Canwest made with Alliance Atlantis and GS Bank. Then later today with the Shaw takeover of Canwest. You can't tell me that this isn't bad for competition. How any of these deals have been approved with so little restrictions is just beyond me. -end rant |
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#15 |
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Join Date: Sep 2006
Location: Woodstock, Ontario
Posts: 1,069
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A very fast decision that will set the standard for the next big one....Bell and CTV. Like every major decision from the CRTC a few surprises will be in the package.
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| canwest, crtc decision, global, shaw |
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