GATINEAU — The first day of the CRTC’s hearing on local and community television painted a picture of traditional TV in flux, as operators of conventional stations said declining ad revenue is making local TV unsustainable, while Vice Media LLC said it’s moving into traditional TV in order to capture a wider range of advertisers. Channel Zero Inc., which recently restructured operations at its Hamilton local TV station and cut local news programming from 80 hours a week to 17.5, told the CRTC Monday that the commission should rebalance funding for local TV programming,...
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...