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Bell Globemedia (CTV, Globe and Mail, ExpressVU) to be bought?

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The liberal Globe and Mail newspaper, liberal TV network CTV, and satellite TV provider Bell ExpressVu (which does NOT offer Fox News Channel to its subscribers) may get a new owner if things go according to Ken Thomson’s plans. 

Ken Thomson is a legendary media figure in Canada—and once owned the Globe and Mail.  Bell Canada Enterprises (BCE) owns Bell Globemedia which bought the Globe and Mail from Thomson in 2000.  Bell Globemedia later bought CTV.  They paid $770 million for the Globe and Mail, and $2.3 billion for CTV. 

Now Thomson has offered $1.5 billion for Bell Globemedia.  He already own 30% of the company through his holding company Woodbridge Co.

Billionaire Ken Thomson’s Woodbridge Co. has made an offer to BCE for BellGlobemedia, the company that includes CTV and the Globe and Mail newspaper.

Sources close to the deal said Woodbridge, led by chief executive Geoff Beattie, has offered $1.5-billion for the 70% of BellGlobemedia that it does not already own.

Apparently BCE has neither rejected nor approved the offer, but has simply not responded.

Here’s a list of Bell Globemedia assets:

Print

The Globe and Mail

Report on Business Magazine

Broadcasting

Owns 21 CTV affiliates

Specialty channels

The Sports Network Inc. (TSN)

CTV Newsnet

The Comedy Network

Discovery Channel

Outdoor Life Network

Report on Business Television

Le Reseau des sports (RDS), a french-language sports channel

talktv

ARTV, a French-language arts channel

Viewer’s Choice Canada, an English-language pay-per-view channel

Digital specialty channels

Animal Planet

CTV Travel

Discovery Civilization

ESPN Classic Canada

NHL Network

Satellite-to-cable service

ASN—Atlantic Satellite Network

Other investments

Agincourt Productions Inc. (100%)

Command Post and Transfer Inc. (20.66%)

Exploration Distribution Inc. (56.06%)

Exploration Production Inc. (56.06%)

Dome Productions (35%)

CTV Music (100%)

Maple Leafs Sports & Entertainment Ltd. (15.44%)

Megawheels Technologies Inc. (4%)

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