xdlogo_cmyk

CRTC approves DHX deal for Family Channel, Disney channels

Caillou and Johnny Test have a new home in Canada

The CRTC has approved DHX Media’s purchase of the Family Channel as well as the Disney Junior channels in English and French and Disney XD.

Bell Media agreed to sell the channels for $170 million as part of the approval process for its acquisition of Astral Media, which had owned the Family and Disney channels.

As part of the approval by the federal broadcast regulator, DHX will spend $17.3 million over seven years to help fund new Canadian programming as part of a “tangible benefits package.”

The spending will include partnerships with public broadcasters and Aboriginal Peoples Television Network to co-fund programming as well as the creation of a family and children’s development fund for new producers.

DHX has said the deal gives it a platform to create more shows to sell globally.

The Halifax-based company’s programs include Caillou and Teletubbies as well as Inspector Gadget, Johnny Test and Yo Gabba Gabba!

Media Articles

Ourdata offers a more charitable ad blocker

B-corp's 'ad enabler' wants to help both publishers and consumers with 'data union'

Transcontinental looks to cut costs as ad revenue drops

Printing revenues should be stable in 2017, but print advertising is slowing

IPG’s Magna report predicts ad spending will slow in 2017

Next year's projected 3.6% growth is the lowest since the 2008 recession

GroupM integrates data offering with new platform

The media investment group has announced the global launch of [m]Platform

Industry calls for more third-party Facebook verification

Experts weigh in on what Facebook owes advertisers

Luxury retail must go digital or be forgotten (column)

AJ Dalal says luxury retail ignores the connected shopper at its peril

Rogers announces LouLou to close, Ch√Ętelaine to remain

Rogers Publishing continues to divest titles as its media strategy evolves