ARCHIVED - Broadcasting Decision CRTC 2002-3
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Broadcasting Decision CRTC 2002-3 |
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Ottawa, 11 January 2002 |
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Cogeco Radio-Télévision inc. (CRTI), on behalf of a corporation to be incorporated (Newco), a wholly owned subsidiary of CRTI |
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Applications 2001-1155-0, 2001-1158-4, 2001-1233-4, 2001-1159-2, 2001-1160-0, 2001-1235-0, 2001-1236-8, 2001-1237-6, 2001-1238-4, 2001-1239-2 |
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Corporate reorganization |
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1. |
The Commission approves the applications by Cogeco Radio-Télévision inc. (CRTI), on behalf of a corporation to be incorporated (Newco), a wholly owned subsidiary of CRTI, to undertake a corporate reorganization whereby CRTI will transfer to Newco the assets of CFGL-FM Laval and its related transitional digital radio undertaking (TDRU) CFGL-FM Laval/Montreal, the assets of CJMF-FM Québec, as well as a 49.99 % interest in Stornoway Communications Limited Partnership and a 20 % interest in Canal Indigo, a general partnership. |
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2. |
CRTI wishes to proceed with this corporate reorganisation in order to separate the above-noted assets from the assets of the television stations owned by CRTI, thus allowing the determination of the fiscal value of these assets before the realization of the transaction related to TQS Inc. described in Notice of Public Hearing CRTC 2001-10-4. |
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3. |
The proposed corporate reorganization will not result in any change of control or ownership of the above-noted assets. |
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4. |
Upon surrender of the current licences, the Commission will issue licences to Newco, a wholly owned subsidiary of CRTI for each undertaking listed in the appendix to this decision. Each new licence will expire on the expiry date of the current licence, as listed in the appendix. The licences will be subject to the terms and conditions in effect under the current licences. |
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5. |
This authority will only be effective and the Commission will only issue each licence at such time as it receives documentation establishing that an eligible Canadian corporation has been incorporated in accordance with the application in all material respects and that this corporation may be issued a licence. |
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Secretary General |
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This decision is to be appended to each licence. It is available in alternative format upon request, and may also be examined at the following Internet site: www.crtc.gc.ca |
Appendix to Decision CRTC 2002-3 |
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Expiry dates for the licences affected by the corporate reorganization |
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Undertakings |
Expiry dates |
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CFGL-FM Laval |
31 August 2006 |
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CFGL-FM Laval/Montreal (DTRU) |
31 August 2002 |
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CJMF-FM Québec |
31 August 2002 |
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Canal Indigo - Pay-per-view television |
31 August 2002 |
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Canal Indigo - DTH Pay-per-view television |
31 August 2002 |
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Canal Indigo - Video-on-demand |
31 August 2003 |
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Stornoway - category 2 - The Pet Network |
31 August 2007 |
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Stornoway - category 2 - @work |
31 August 2007 |
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Stornoway - category 2 - BPM:TV (formerly The Dance Channel) |
31 August 2007 |
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Stornoway - category 1 - i channel (formerly Issues Channel) |
31 August 2007 |
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Date Modified: 2002-01-11
- Date modified: