BCE proposes raising foreign ownership limits to 49% of holding companies

 

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CNM Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.
 

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New Media Producers Need Funding Stability and Growth

In January Telefilm Canada released the results for its latest round of financing from the Canada New Media Fund to the chagrin of many producers. Out of 168 project applications from across the country, a total of only 26 – or 15% – were accepted for funding. This is similar to the Fall of 2002 when only 17% of proposals were selected, yet entirely different from the spring of 2002 announcement when a whopping 47% made the cut. A lot of folks are left scratching their heads.

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CNM People

William Chambers has been appointed VP of communications at CBC/Radio-Canada. Williams comes to the post from Milward Brown Goldfarb (previously Goldfarb Consultants) and prior to that he worked for The Molson Companies Ltd.

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CNM Short Takes

The Toronto Show on tap?
Craig Broadcast Systems Inc. won’t launch its controversial over-the-air toronto/one television station until this fall, but the company has applied to register a trademark for The Toronto Show. The trademark application is in association with proposed services including "(1) Design, development, production, broadcast and distribution of a television show(s), operation of a web site which provides information about television entertainment, television news, and television information; television broadcasting and telecommunication of information and advertisements for others." The application also lists a standard rote of products on which the company might slap the name, including media such as CDs and DVDs with pre-recorded content.

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Broadcasters tell CRTC that proposed test would inhibit interactive TV growth

A test being evaluated by the Canadian Radio-television and Telecommunications Commission (CRTC) for determining whether interactive television content is "program-related" is too strict and would slow down the growth of ITV, says the Canadian Association of Broadcasters (CAB). The argument is occasionally semantic, but strikes at the heart of who will control distribution of ITV material and whether broadcasters and distributors will have their relationship defined by the regulator or be forced to the bargaining table.

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Odd Job Jack latest challenger in interactive business model race

Adding an interactive corollary to television shows doesn’t have to shrink the revenue pie for anyone concerned, says the producer of the new show Odd Job Jack. Broadcasters have been struggling for years to justify the investments they could make in interactive properties, but Smiley Guy Studios head Jonas Diamond tells Canadian NEW MEDIA that sponsorship from Molson, the behemoth brewer, has created two attractive advertising deals, providing plenty of incentive to run with both traditional broadcast and web components.

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B.C. government comes through with surprise help for new media sector

The new media lobby in British Columbia was taken aback this week after a surprise announcement by the provincial government of new tax credit measures to help the sector. In its February 18 budget, the fiscally conservative Liberal government announced a $5-million increase in venture capital tax credits that could attract as much as $17 million a year in new investment in new media companies, as well as a 15% top-up tax credit for productions using digital animation and special effects.

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Alcatel buys N.B.-based iMagic

French telecom giant Alcatel says its recent proposal to acquire iMagicTV should help the St. John NB-based company pursue global sales when integrated into Alcatel’s broader entertainment solutions portfolio (CNM, Feb. 7/03). While skeptics may wonder if the take-over was motivated solely by the uncertain financial outlook for iMagicTV, Peter Merriman, Alcatel’s director of broadband entertainment business, says the deal was struck as part of a larger strategy.

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Digital trade mission puts feds in positive spotlight for departmental “silo bashing”

Participants and organizers alike are singing the praises of a recent trade mission for women to Europe highlighting digital media content players. The trip, organized by Canadian Heritage, Industry Canada and the Department of Foreign Affairs and International Trade (DFAIT), is being billed as a first-of-its-kind, and DFAIT official Albert Galpin hopes that the inter-departmental cooperation will continue and that the mission might serve as a catalyst for an initiative to better organize the digital media sector.

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