That works out to an increase of 3.5 cents, based on adding "315,311 net postpaid wireless subscribers in its last fiscal year."BCE raised its quarterly dividend on the news to 71.75 cents per common share, up from its previous rate of 68.25 cents per quarter.
They have been paying less for American content (source):I guess they could control costs by paying less for the American content they simsub, but that's probably crazy talk...
They could already make news with the profit from the shows. More of the status quo isn't going to get it done.Should we hate companies like Bell that are trying to make a buck on potentially money losing operations, or give them money or further rights (what if the CRTC blocked U.S. channels on satellite/cable with a Canadian media friendly government so these channels could make decent news with all the profits from those shows?) to produce news from the profits? How much of the news would be biased? What would not get reported in our communities if local news dies?....I have a million thoughts, you could throw millions of dollars at, and still not have a truly informed public.
Fundamentally, commercial news is a product. If people aren't willing to pay for it, then it doesn't have a future. The Internet culture of "everything should be free and adblocked" doesn't result in quality work being done. It results in clickbait crap and agenda driven fake news (along with the "I only want news sources that tell me what I want to hear" mentality that is increasingly prevalent). How do you solve that? Damned if I know. But that's what the problem comes down to, in the end.I don't know how outside of a major city, local news is going to make it - newspapers, radio, and TV news is dying everywhere - even some news sources in cities like Toronto struggle and die. It's a national issue - and I still have not heard one good solution for it.
I'd hate to see what the state of local news will be in 10, 25 and 50 years from now. All we will have is government and corporate propaganda, and "fake news" flooding our minds...
Considering how hard the market is for an independent channel operator to compete against massive vertically integrated oligarchs... why would you expect any independent buyers to come forward?But there are no independent Canadian buyers coming forward.
Perhaps it is time to allow foreign ownership?
No subsidies. That's the government's solution for everything these days, and it's creating distorted situations where the total sum of subsidies/grants/rebates you lose creates a marginal tax rate approaching 100%. Linear TV is in no way an essential service that we need to prop up with taxpayer grants.The best way to resolve the issue is fee for carriage and then perhaps some subsidy/rebate for low income households.
That makes sense, yeah.I honestly wouldn't be surprised to see all the CTV Two stations shuttered in the next few years. With the rise of Internet streaming (like CraveTV); much of the programs that don't fit on the main CTV Network could simply just go to CraveTV and that in turn would drive more subscription revenues.