Private/Joint venture | |
Industry | Media (television, radio, newspapers) |
Fate |
|
Successor | Bell Media |
Founded | 1960 (as Baton Broadcasting) 2001 (as Bell Globemedia) 2007 (as CTVglobemedia) |
Defunct | April 1, 2011 |
Headquarters | Toronto, Ontario, Canada |
Key people
|
Ivan Fecan, President and CEO; CEO, CTV Kevin Crull, COO; president-designate (mid-2011) |
Owner |
The Woodbridge Company (Thomson family) (40%) Ontario Teachers' Pension Plan (25%) Torstar (20%) BCE Inc. (15%) |
Divisions | The Globe and Mail, CTV, CHUM Radio (now Bell Media Radio) |
Website | www.ctvglobemedia.com |
CTVglobemedia (often abbreviated "CTVgm" or CGM), was one of Canada's largest private media companies. Its operations included newspaper publishing (The Globe and Mail), television broadcasting and production (CTV, Inc.), radio broadcasting (CHUM Radio), and their respective Internet properties.
Originally established by BCE Inc. and the Thomson family in 2001 combining CTV Inc., which Bell had acquired the previous year, and the operations of the Thomsons' The Globe and Mail, the group was owned by those two parties as well as Torstar and the Ontario Teachers' Pension Plan.
In September 2010, Bell announced plans to re-acquire full control of the group's broadcasting assets. At the same time, it was announced that the Thomson family would regain majority control of the Globe and Mail Inc.; this part of the deal, which did not require regulatory approval, was completed in January 2011. The Canadian Radio-television and Telecommunications Commission (CRTC) approved the Bell/CTV portion of the deal in March 2011. The company was renamed Bell Media when the deal closed in April 2011, with Bell's sympatico.ca Internet portal becoming part of Bell Media.
CTVglobemedia's main asset was CTV Inc., a major Canadian broadcaster. CTV and its subsidiaries own the following broadcast television assets:
Along with broadcast television stations, CTVglobemedia also owned 30 cable television specialty channels, frequently in partnership with U.S. companies which operate similar channels, and primarily concentrated in the following genres:
In addition, CTVglobemedia owned television production studios and websites associated with all of the above properties.