08:36:54 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 870,357,687
Close 2016-12-02 C$ 57.37
Market Cap C$ 49,932,420,503
Recent Sedar Documents

Globe says BCE, others told where cord-cutting leads to

2016-12-02 06:55 ET - In the News

Also In the News (C-QBR) Quebecor Inc
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 Friday edition that in an effort to force the telcos to declutter their "skinny basic" cable packages, the CRTC recently announced that instead of the standard seven-year licence, cable companies will receive a one-year renewal. Guest columnist Irene Berkowitz writes that seven years ago, cable penetration in Canada was 90 per cent. She compares TVs connected to a wall with typewriters. Cord-cutting is accelerating, and consumers eventually will not want cable -- at any price. While the shift to over-the-top content is a thrilling form of creative destruction in the United States, it disrupts Canada's TV policy to its foundation. Canadian content is tied to two dying businesses -- cable and broadcast -- not the newer delivery technologies of broadband and wireless, which are growing by double digits. More fundamentally, digital distribution has eliminated the entire purpose of Canada's TV policy framework, which was to compensate for a small national audience. Ms. Berkowitz wonders why we tie the fate of Canadian creators for seven long years to broadcasters that make content only as a licence obligation. Risk-taking content makers deserve updated policies.

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