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Broadcasting Decision CRTC 2008-131 |
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Ottawa, 27 June 2008 |
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Vision TV: Canada's Faith Network/Réseau religieux canadien
Across Canada |
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Application 2008-0218-3, received 8 February 2008
Public Hearing in the National Capital Region
13 May 2008 |
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Vision TV - Acquisition of assets |
1. |
The Commission approves the application by Vision TV: Canada's Faith Network/Réseau religieux canadien (Vision) to acquire the assets of the analog specialty television programming undertaking known as Vision TV from Faith & Spirit Media Inc. and for a broadcasting licence to continue the operation of the undertaking under the same terms and conditions as those in effect under the current licence. |
2. |
Vision is a not-for-profit corporation that was the original licensee of the undertaking prior to the corporate reorganization approved in Transfer of assets, Broadcasting Decision CRTC 2004-160, 23 April 2004. |
3. |
The Commission notes that the above-mentioned transaction will not result in a change of effective control of the undertaking as effective control will continue to be exercised by the same individuals comprising Vision's board of directors and management team. |
4. |
The Commission did not receive any interventions in connection with this application. |
5. |
Upon surrender of the current licence issued to Faith & Spirit Media Inc., the Commission will issue a new licence to Vision. The licence will expire 31 August 2011, the current licence expiry date, and will be subject to the same terms and conditions as those in effect under the current licence. |
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Secretary General |
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This decision is to be appended to the licence. It is available in alternative format upon request and may also be examined in PDF format or in HTML at the following Internet site: http://www.crtc.gc.ca. |