15:09:24 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 776,887,880
Close 2014-04-10 C$ 48.07
Market Cap C$ 37,345,000,392
Recent Sedar Documents

Globe says big broadcasters like BCE coddled, arrogant

2014-04-10 07:10 ET - In the News

Also In the News (C-RCI) Rogers Communications Inc
Also In the News (C-SJR) Shaw Communications Inc

The Globe and Mail reports in its Thursday edition that as CBC staff is briefed on the impact of the latest cuts, the noisy arguments about CBC's role in Canada will start up again. The Globe's John Doyle writes the arguments are rather repetitive. Defenders of the CBC praise its role telling Canadian stories. Opponents sneer at the hundreds of millions of dollars in public support the CBC receives. Accusations of left-wing bias will be shouted. It is all beside the point. Mr. Doyle argues the CBC is ever more relevant in the current Canadian broadcasting landscape because it is a landscape in which only three main commercial players exist -- Bell, Shaw and Rogers. Those three look increasingly arrogant, and each is in a narcissistic bubble. Commercial broadcasting in Canada is protected to the point of being coddled by regulation, and this has created a mood of self-satisfaction, which makes the CBC's alleged sense of entitlement look puny. Thanks to protection, they are vastly profitable, and only one thing scares them -- Netflix. Looking at Netflix, the big three ask, where is our cut? They exist like three Mafia gangs that have carved up the neighbourhood and are spooked by the arrival of a new player.

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