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TORONTO, Nov. 28, 2013 /CNW Telbec/ - Bell Media today announced that it
has entered into an agreement with Halifax-based DHX Media Ltd. (TSX:
DHX) for the sale of its television services Family Channel, Disney XD,
Disney Junior (English-language), and Disney Junior (French-language).
The transaction is subject to approval by the Canadian Radio-television
and Telecommunications Commission (CRTC) and the Competition Bureau.
"Bell Media welcomes DHX Media to the broadcasting industry with their
acquisition of the incredible brands that are Family, Disney XD, and
Disney Junior," said Kevin Crull, President, Bell Media. "I have the
utmost confidence that with DHX Media, these brands will continue to
flourish and enrich our television industry."
DHX Media's acquisition of Family, Disney XD, and English- and
French-language Disney Junior is a result of Bell Media's process of
divesting some properties to comply with regulatory body conditions
attached to the July 5, 2013 acquisition of Astral Media Inc. by Bell.
About Bell Media
With passion and an unrelenting commitment to excellence, Bell Media
creates content and builds brands that entertain, inform, engage, and
inspire audiences through the platforms of their choice. Bell Media is
Canada's premier multimedia company with leading assets in television,
radio, out-of-home advertising, and digital media. Bell Media owns 30
local television stations led by CTV, Canada's #1 television network;
34 specialty channels, including TSN and RDS, Canada's most-watched
specialty channels in English and French; four pay TV services,
including The Movie Network and Super Écran; and is managing
shareholder of premium pay-per-view service Viewers Choice Canada. Bell
Media is also Canada's largest radio broadcaster, with 107 licensed
radio stations in 55 markets across Canada. Bell Media owns Astral
Out-of-Home, one of Canada's most dynamic and innovative out-of-home
advertising companies with a network of more than 9,500 advertising
faces in Québec, Ontario and British Columbia. Bell Media also operates
more than 200 websites, delivers TV Everywhere with its innovative GO
video streaming services, including TMN GO and Bravo GO, and owns Dome
Productions Inc., a multi-platform production company. Bell Media is
part of BCE Inc. (TSX, NYSE: BCE), Canada's largest communications
company. For more on Bell Media, please visit www.bellmedia.ca.
SOURCE Bell Media
