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CRTC restricts BCE’s new media spending to interactive TV as part of CTV takeover

News | 12/14/2000 5:00 am EST

Canada’s broadcast regulator has approved a BCE Inc plan to spend $61 million on new media content, training and research as part of its $2.3-billion takeover of CTV Inc (CNM, July 26/00). The approval could trigger the single largest investment in interactive content by a Canadian company, and through access to the country’s largest commercial broadcaster, BCE is clearly banking that its new media investments will pay off when interactive digital TV becomes more widespread over the next few years.

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