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Banff TV festival to take place despite financial troubles of organizing body

News | 04/22/2004 4:00 am EDT

The Banff Television Festival "will absolutely" go ahead this year despite the red ink in which its not-for-profit parent is bathing. The Banff Television Foundation filed for bankruptcy protection on April 14 as part of a deal that includes new ownership by entertainment company Achilles Partners LLC, and that keeps the popular television festival alive.

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