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Salter Street sale doesn’t signal demise of indies

News | 02/14/2001 5:00 am EST

Alliance Atlantis Communications Inc chair and CEO Michael MacMillan appears to have gotten his hands on the independent film channel he coveted during digital licensing hearings last year. The CRTC awarded the channel to Halifax-based Salter Street Films Ltd, which was purchased Monday by Alliance Atlantis in a transaction valued at between $75 million and $80 million. The sale of the channel still must get the approval of the CRTC.

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