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No plans to seek must-offer status for Bloomberg TV

Media | 02/26/2015 10:19 pm EST

One of the executives behind the newly announced Bloomberg TV Canada news channel says that there are no plans to seek a broadcast licence that would compel broadcast distributors to offer the channel to customers. New York-based Bloomberg L.P. and independent Canadian broadcasting company Channel Zero Inc. announced in a press release Thursday that the two companies are partnering to bring a Canadian version of Bloomberg TV to viewers by about the midpoint of this year. They said it would provide coverage of business and financial-market news from around the world and Canada. Channel Zero...