BELL ASTRAL

CP

APPROVED

GATINEAU, Que. — Bell has won regulatory approval for its second bid to buy Astral Media and its coveted suite of TV specialty channels and radio stations in a deal worth $3.4 billion. The Canadian Ra...
AP

Why the CRTC Rejected the Bell-Astral Merger

The most important aspect of last week's decision is that the new CRTC -- make no mistake, this is a new CRTC with expectations from the government that it adopt a pro-consumer approach -- will put the public and the public interest at the heart of the review process.
CP

Shock! Outrage! And Other Cool Facts About the Bell Fiasco

CRTC watchers eat crow. Don't you hate it when the world changes faster than you can write about it? Thursday's triumph over Bell is wonderful for consumers; for the thesis I was developing here, not so much. The comments I've read all indicate the Astral decision shows Chairman Blais really does intend to build a consumer-oriented CRTC. I trust he will understand why industry watchers, present company included, had been pretty much unanimous in predicting he'd never, ever turn down Bell on this acquisition.
CP

The CRTC and the Bell Astral Deal: What Happened and Why

On Thursday this week, the CRTC killed the Bell Astral deal. The decision was entirely unexpected by anyone, including me, although all along I have argued that Bell's bid to acquire Astral Media, the eighth largest media company in Canada, gave the CRTC ample ground to do exactly what it did. I also argued that it was the right thing to do, and that the CRTC should stop Bell's take-over bid for Astral "dead in its tracks."