CRTC approves broadcast component of Rogers-Shaw deal, with conditions
OTTAWA – The Canadian Radio-television and Telecommunications Commission (CRTC) has approved Rogers Communications Inc.’s acquisition of Shaw Communications Inc.’s broadcasting services, subject to some conditions and modifications.
Among the conditions is a requirement forcing Rogers to contribute $27.2 million to various initiatives and funds, which is five times what the company had originally proposed.
Rogers must also report annually on its commitments to increase its support for local news, including by employing a higher number of journalists at its Citytv stations and by producing an additional 48 news specials each year that reflect local communities.
The CRTC will also force Rogers to distribute at least 45 independent English and French-language services on each of its cable and satellite services to ensure independent programming services are not placed at a disadvantage when negotiating with Rogers.