Canada's New Media Ownership Rules

CANADA'S NEW MEDIA OWNERSHIP RULES
[SOURCE: Financial Post, AUTHOR: Barbara Shecter]
The Canadian Radio-television and Telecommunications Commission, Canada's federal broadcast regulator, has unveiled a new policy restricting private broadcasting companies from controlling more than two types of media properties in the same market. The two-out-of-three rule applies to local radio stations, local television stations and local newspapers. Under its new rules, the CRTC is imposing limits on future acquisitions to make sure media companies do not control more than 45% of the total audience share as a result of a transaction. The regulator will also prohibit transactions between broadcast distribution companies -- cable or satellite, for example -- that would result in one company effectively controlling the delivery of programming in a single market.
http://www.canada.com/calgaryherald/news/story.html?id=31f53885-7c52-488...