O Canada! > Canadian > Canadian Broadband > CRTC Hearings - 10 Sept 12

reply to elwoodblues

Re: CRTC Hearings - 10 Sept 12

I'm sure there is a huge breakup fee if the deal doesn't go through.

Coming to your bell bill soon :
The Crtc denied us a monopoly fee

reply to mazhurg
No leaks... None whatsoever...

»www.theglobeandmail.com/globe-in···=acm.a-t

reply to Shrug
UBB equivalent for old media I guess. Bell and Astral will fight it I guess but the new CRTC boss has shown he's not about to back down.

reply to elwoodblues
$150 million (how much Bell has to pay Astral for failing to secure the deal)
--
Developer: Tomato/MLPPP, Linux/MLPPP, etc »fixppp.org

Thats pretty cheap. I've seen much bigger fees on deals like this.

reply to mazhurg
Good eye there.
Insider information? Of course not, it was just a psychic feeling they had due to the uncertainty.

Looking at the price over the year you can get an idea of where it should likely end up, it will be interesting to see if this mess will drive the price much below $30.

reply to mazhurg
Seems Bell is a little pissed...
- Bell will ask federal Cabinet to issue direction to CRTC to follow its own regulatory policy.
- Decision protects cable conglomerates and rewards their extraordinary and obstructive lobbying efforts.
- Bell is appalled that the CRTC would come to a decision that so negatively impacts Canadian consumers
- CRTC’s decision reflects a bygone era, based on antiquated working papers from the 1970s and 1980s.
- Bell is alleging "senior CRTC officials" met privately with their competitors pre-hearing and refused to meet with them.
- And now, the threat: Bellsays CRTC "forces a review" of its money-losing stations in "small communities across Canada."
- Nothing in Bell release about an appeal, but it is calling on Cabinet to step in and undo the whole thing.
- And this: "CRTC fell head over heels for carefully orchestrated and well-funded propaganda effort that made a mockery of entire process."

All from tweets taken from
»twitter.com/sladurantaye
--
Battle.net Tech Support MVP

That's funny but if Cabinet finds that Bell would indeed own a significant share, then I'm pretty sure they will also rule in favour of the CRTC's decision. It doesn't take an idiot to see that buy out would do significant harm.

reply to mlerner
LOL
From: »www.ctvnews.ca/business/bce-asks···.1001238

[Bell] said the decision was "tainted by behind-the-scenes lobbying"

Umm, Bell provided an "All expenses paid Bell Box in Montreal for vice-chairman of broadcasting at the Canadian Radio-Television".
»All expenses paid for hockey night to CRTC guy by Bell

The pot is calling the kettle black here folks.

I get the feeling Bell is pissed off for doling out the cash and perks for those who can help them and now fell flat on their face.

No kidding. I also heard Rogers is saying they are glad the deal didn't go through. Considering that they also must be behind the door golf buddies with Bell, they're all putting Bell in a corner. No one will take their side anymore. Poor Bhell.

reply to mlerner

reply to mlerner
If I was Blais I'd be careful. Bet Bell is going to pull every string possible to get him removed. If this guy so much as farts in a funny way Bell is going to know about it. Bet they are digging for dirt now.

But I'm still not convinced about this new CRTC guy. Could all be smoke and mirrors for what's to come. After so many years of the CRTC allowing people to be treated like Bell's personal wallet, this could all be a show to say, "see we've changed. We actually protect consumers". Then drive the knife in deeper while we don't expect it.

reply to i LOLd
And remember who CTV is owned by.

reply to hm
If the Federal Court of Appeal upholds the CRTC, this will make it's way to the Supreme court, I don't see Bell giving up on this.

»www.theglobeandmail.com/report-o···4622268/

BCE lined up dozens of producers who attested to its promised generosity and good corporate name. It announced the creation of a $15-million production company with the Cirque du Soleil, and pledged $40-million that would help bring high-speed Internet service to the North. But the CRTC recognized that BCE regarded its $200-million package of so-called tangible benefits as just the price of doing business, rather than a necessary investment in Canadian culture.

The company, in other words, didn’t really care about content, as long as it made a profit.

“BCE did not express a vision for radio,” noted Mr. Blais during his press conference Thursday, looking mildly peeved. “It made no firm commitments regarding local and spoken word programming, or the promotion of emerging Canadian artists.” He explained further than Bell’s enormous share of the English-language TV market would be terrible for consumers, and that the company had not even acknowledged there was a legitimate reason for concern.

“At the end of the day, BCE demonstrated clearly that the proposed transaction was good for BCE, but we were not persuaded that it was in the best interests of Canadians. Our only option was to deny the transaction.”

LOL we'll toss around 200-million dollars to make people happy as long as it goes through. Makes me wonder how much they really stood to gain to have this go through.

200-million. Yup. Makes the construction-political-mafia inquiry going on in Quebec seem petty next to this. 200-million buys off a lot of high placed people (1-percenters).

reply to elwoodblues