ARCHIVED - Broadcasting Decision CRTC 2004-481
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Broadcasting Decision CRTC 2004-481 |
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| Ottawa, 12 November 2004 | |
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NOWTV Manitoba Inc. Winnipeg, Manitoba
NOWTV British Columbia Inc. |
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Applications 2004-0424-4 and 2004-0426-0 Public Hearing in the National Capital Region 7 September 2004 |
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Transfer of assets - Corporate reorganization |
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1. |
The Commission approves the applications by Trinity Television, Inc. (Trinity), on behalf of two new corporations, NOWTV Manitoba Inc. and NOWTV British Columbia Inc., for the authority to acquire from Trinity, as part of a corporate reorganization, the assets of the conventional television programming undertakings CIIT-TV Winnipeg1 and CHNU-TV Fraser Valley, respectively. The applicant also requested broadcasting licences to operate these undertakings under the same terms and conditions as those specified in the original CIIT-TV licensing decision and in Deadline to commence operations, Broadcasting Decision CRTC 2004-279, 19 July 2004 (Decision 2004-279),2 and in the current CHNU-TV licence. |
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The Commission notes that further to the corporate reorganization, NOWTV Broadcasting Inc. will hold 100% of the voting rights of the new licences. In return, Trinity Television Holdings Inc. (Trinity Holdings) will hold 100% of the voting rights in NOWTV Broadcasting Inc. Trinity Holdings will act as trustee of Trinity Television Trust, in which Trinity will be the beneficiary. |
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3. |
The Commission did not receive any interventions in connection with these applications. |
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The new licences will expire 31 August 2006, the same expiry date as that set out in the original licensing decisions. The licence for CIIT-TV will be subject to the same terms and conditions as those specified in the original licensing decision and in Decision 2004-279, and the licence for CHNU-TV will be subject to the same terms and conditions as those in effect under the current licence. |
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The licence for CIIT-TV will be issued once NOWTV Manitoba Inc. has informed the Commission in writing that it is prepared to commence operations. The undertaking must be operational at the earliest possible date and in any event no later than 30 November 2005, unless a request for an extension of time is approved by the Commission before that date. In order to ensure that such a request is processed in a timely manner, it should be submitted at least 60 days before that date. |
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The Commission will issue the licence for CHNU-TV to NOWTV British Columbia Inc. once the vendor has surrendered the current licence to the Commission. |
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7. |
In accordance with Implementation of an employment equity policy, Public Notice CRTC 1992-59, 1 September 1992, the Commission encourages the licensee to consider employment equity issues in its hiring practices and in all other aspects of its management of human resources. |
| Secretary General | |
| 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 | |
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Footnotes: [1] In Proposed religious television station for Winnipeg, Broadcasting Decision CRTC 2002-229, 8 August 2002, the Commission approved the application by Trinity Television, Inc. for a broadcasting licence to operate an English-language religious television programming undertaking to serve Winnipeg, Manitoba. The Commission has not issued the licence for this service because the service has not yet commenced operations. [2] In this decision, the Commission approved an application by Trinity Television, Inc. for an extension of the time limit to commence the operation of CIIT-TV until 30 November 2005. |
Date Modified: 2004-11-12
- Date modified: