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Broadcasting Decision CRTC 2006-55
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Ottawa, 10 March 2006 |
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CanWest MediaWorks Inc. and Rogers
Communications Inc., partners in a general partnership carrying on
business as Prime TV
Across Canada |
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Application 2005-1025-7
Public Hearing in the National Capital Region
19 December 2005 |
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Prime TV – Acquisition of assets
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1. |
The Commission approves the
application by CanWest MediaWorks Inc. (MediaWorks), on its
own behalf and on behalf of Rogers Communications Inc. (RCI), partners
in a general partnership carrying on business as Prime TV (Prime TV GP)
(collectively the New Partners) to acquire the assets of the national,
English-language specialty programming undertaking known as Prime TV
(Prime TV) from the current partners, MediaWorks and Prime Television
Holdco Inc. The New Partners also requested a broadcasting licence to
operate the undertaking under the same terms and conditions as those
specified in the current licence. |
2. |
RCI will hold 33.3% of the partnership
interest of Prime TV GP, and MediaWorks will hold the remaining 66.7%.
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3. |
This transaction will not result in any
change in the ultimate control of Prime TV. The ultimate control of the
undertaking will continue to be exercised by David A. Asper, Gail S.
Asper and Leonard J. Asper, children of the late Mr. Israel Asper, as
approved in Administrative letter of 17 October 2005, in their capacity
as directors of CanWest Global Communications Corp. and in their
capacity to elect the majority of the board of directors. |
4. |
The Commission did not receive any
interventions in connection with this application. |
5. |
Upon surrender of the current licence for
Prime TV, the Commission will issue a broadcasting licence for Prime TV
to CanWest MediaWorks Inc. and Rogers Communications Inc., partners in a
general partnership carrying on business as Prime TV. |
6. |
The licence will expire 31 August 2010, the
current licence expiry date, and will be subject to the same terms and
conditions as those in effect under the current licence. |
7. |
Because this licensee is subject to the
Employment Equity Act and files reports concerning employment equity
with the Department of Human Resources and Skills Development,
its employment equity practices are not examined by the Commission. |
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Secretary General |
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This decision is to be appended to the
licence. It is available in alternative format upon request, and may
also be examined in PDF format or in HTML
at the following Internet site: http://www.crtc.gc.ca
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