Monday, April 27, 2009

CTV chief blames CRTC for contributing to crisis in TV


CTVglobemedia Inc. chief executive Ivan Fecan levied sharp criticism at the CRTC on Monday at the commission's special hearing on the state of the industry.

"Over the years, there has been a series of decisions that have had the effect of compromising the underpinnings of conventional television while favouring the distributors (cable and satellite carriers)," he said.

"What I am saying is that things are seriously out of balance when, for five years running, the system produces continuous growth for one sector and continuous decline for another."

He said distributors are enjoying record profits while conventional broadcasters are losing money.

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