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TVA Group Inc T.TVA.B

Alternate Symbol(s):  TVAGF

TVA Group Inc. is a Canada-based communications company. The Company operates through four segments: Broadcasting, Film Production & Audiovisual Services, Magazines and Production & Distribution. The Broadcasting segment, which includes the operations of TVA Network, specialty services, the marketing of digital products associated with the various televisual brands, and commercial production and custom publishing services. The Film Production & Audiovisual Services segment provides soundstage, mobile and production equipment rental services, as well as dubbing and described video, postproduction and virtual production services. The Magazines segment publishes magazines in various fields including the arts, entertainment, television, fashion and decorating, and markets digital products associated with various magazine brands. The Production & Distribution segment is engaged in producing and distributing television shows, movies and television series for the world market.


TSX:TVA.B - Post by User

Post by Whynotpeanut10on Jan 18, 2022 12:35pm
107 Views
Post# 34329033

Liberals move to modernize CBC good for TVA

Liberals move to modernize CBC good for TVA
A year after CBC president Catherine Tait defended the public broadcaster’s foray into sponsored content in front of the country’s broadcast regulator, the Liberal government has set its sights on moving the CBC away from the advertising business.

The Liberals have promised $400 million over four years to make the CBC less reliant on advertising, and are aiming to ensure the public broadcaster’s programming is more distinct from its private sector competition.

 

“CBC really suffers from a sort of dualistic life as a half public broadcaster, and half of the time it thinks of itself as a commercial broadcaster. And I think that has to end if we’re going to get value from our investment in CBC in the years to come,” said former CRTC vice-chair Peter Menzies.

Private broadcasters have long maintained that CBC shouldn’t be competing with them.

“The CBC likes advertising but doesn’t need it,” said Kevin Desjardins, the president of the Canadian Association of Broadcasters. “They have an ability to skew the advertising market in a way, because it is not as essential as it is for private broadcasters, where that is the lifeblood of their business model.”


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