BCE Buys Astral Media for $3.4B

BCE Inc plans to acquire Astral Media in a $50-a-share cash-and-stock deal putting the price tag at $3.38 billion. The acquisition, announced on March 16th, will strengthen BCE’s telecommunications assets in Quebec and drastically improve its competitive position against other rivals, notably Quebecor. BCE CEO George Cope said in a statement: “Bell’s acquisition of Astral […]

Sex TV replaced by W Movies

Corus Entertainment announced today that W Movies, a 24/7 digital movie channel for women will be replacing SexTV on March 1st.