07:38:24 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 912,173,328
Close 2023-06-08 C$ 61.40
Market Cap C$ 56,007,442,339
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Globe/CP say BCE's Bell seeks ad revenue for Crave

2023-06-09 08:31 ET - In the News

The Globe and Mail reports in its Friday edition that Crave is making room for commercial breaks on its streaming service. A Canadian Press dispatch to The Globe says that after years as an exclusively advertisement-free subscription platform, Bell Media says it plans to launch new Crave tiers sometime this summer that include commercials during programming. Shows that will be offered in the ad tiers include sitcoms Friends and Big Bang Theory, the Canadian comedy Letterkenny and some of its HBO programming. Bell Media unveiled the plans as part of its "Upfronts" presentation, an event held primarily for advertisers in hopes of stoking their enthusiasm for the coming TV season and selling commercial spots in the process. Representatives for Crave declined to outline details on the tiers, including whether they would come at a cheaper price for consumers or if it plans to increase the cost of existing ad-free packages. The main Crave package is currently $19.99 a month. Crave is the latest streaming platform looking to secure a slice of the ad market amid a crowded landscape of TV options and an economy that is leading consumers to spend less on entertainment. Netflix was the first to test an ad tier last November.

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