CRTC Imposes Cross-Media Ownership Rules
January 15, 2008 at 10:49 AM (PT)
CANADA's communications regulator imposed new rules on TUESDAY restricting cross-media ownership and setting limits on broadcasting mergers to ensure diversity in programming, reports REUTERS. The CANADIAN RADIO-TELEVISION AND TELECOMMUNICATIONS COMMISSION said in a statement that private companies will only be allowed to control two of the three media types -- radio, television and newspaper -- serving a single local market.
When reviewing mergers and acquisitions, the regulator will ensure that no single entity controls more than 45% of the total television audience and that no owner effectively controls delivery of programming in any market.
The new rules apply only to private broadcasters and to future deals.