ARCHIVED - Broadcasting Decision CRTC 2015-396
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Ottawa, 25 August 2015
Canadian Broadcasting Corporation
Public hearing in the National Capital Region
22 July 2015
ARTV – Acquisition of assets (corporate reorganization)
- The Commission approves the application by the Canadian Broadcasting Corporation (CBC) for authority to acquire, from ARTV Inc., as part of a corporate reorganization, the assets of the French-language specialty Category A service ARTV, and for a new broadcasting licence to operate the undertaking under the same terms and conditions as those set out in the current licence. The Commission did not receive any interventions regarding this application.
- ARTV Inc. is wholly owned by the CBC, a crown corporation controlled by its board of directors.
- The Commission finds that the transaction will serve the public interest since it will help to achieve CBC’s objective of maximizing its organizational effectiveness.
- Upon completion of the corporate reorganization approved in this decision, the CBC will become the licensee of ARTV. This reorganization will not affect the effective control of the service, which will continue to be exercised by the CBC’s board of directors.
- Upon surrender of the current licence issued to ARTV Inc., the Commission will issue a new broadcasting licence to the CBC, which will expire 31 August 2018, to continue the operation of the service under the same terms and conditions as those in effect under the current licence.
- Because this licensee is subject to the Employment Equity Act and files reports concerning employment equity with the Department of Employment and Social Development, its employment equity practices are not examined by the Commission.
* This decision is to be appended to the licence.
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