April 19, 2016

CBC kills the competition: Quebecor shuts down specialty business channel Argent

Brian LilleyRebel Co-Founder
 

A TV channel in Quebec owned by Quebecor was shut down and the reason given was clear; competing to be profitable against an ever growing state broadcaster was just too difficult, so Quebecor is closing down their business channel, Argent.

Julie Tremblay, President and CEO of Quebecor Media put it bluntly in a statement on the company website.

"When the government sends hundreds of millions of dollars to the public broadcaster, closing Argent illustrates the difficulties faced by private broadcasters in a rapidly changing industry.”

Quebecor is no slouch in the Quebec market. They dominate in TV and used to in magazines and newspapers. The most recent ratings from March 30 to April 3 show that seven of the top ten shows in Quebec were on a Quebecor network.

But the entire media model is changing. Private broadcasters see changes in viewing habits and perhaps more importantly – in ad buying habits. Millions of dollars per year are evaporating from TV ad buys as businesses, local and national, spend elsewhere.

Quebecor and Argent had to deal with this reality but CBC is immune, especially under this current government. Justin’s Liberals promised an extra $150 million per year for the state broadcaster, which is much more than the Conservatives ever cut.

The $1.1 billion per year the CBC gets isn’t available to private broadcasters. There are funds to pay for Canadian content creation, funds we pay through taxes or levies placed on cable companies who pass the cost on to us, but the majority of even that funding is sucked up by CBC.

Those in private broadcasting have argued the CBC uses their huge subsidy to unfairly compete and it’s true.

Recently CBC hired former Globe and Mail reporter turned Twitter executive Steve Ladurantaye who’s joining them to head up their digital push. Of course CBC should have a website but they now have a whole division of reporters whose sole job is to write stories for the web competing not only with newspapers but web news sites like The Rebel or Press Progress, National Observer, Buzzfeed.

Where in their mandate does it say CBC should be doing this? It doesn’t.

Yet again CBC uses their $1.1 billion subsidy to undermine competitors. Today it’s Argent, one day it will be your local newspaper, your local TV or radio station and eventually people might realize the damage CBC’s subsidy inflicts on Canadian news.

Comments
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commented 2016-04-23 21:32:49 -0400
It’s it amazing how the Liberals are gearing up to stay in power. They are to embarrassed to have the real truth come out in real news cast that they don’t own. By buying the CBC for $150 million per year they can assure only the nice stories will be told. It’s all about hiding the truth.
commented 2016-04-20 16:26:02 -0400
All hail Pravda (CBC), just another arm of the liberal party of Canada – the place where journalistic integrity goes to die. As long as they lie or obfuscate for their political bosses money will continue to be shoveled into this shit hole.
commented 2016-04-20 14:04:53 -0400
I miss my local Hamilton news. Went from 80 hours a week down to 17. I have no doubt CBC played a part in it’s demise. It’s another way to break down local communites and bring the individuals into the greater collective. The word is Communism.
commented 2016-04-20 11:09:24 -0400
I will always have difficulty understanding why people desire communism.

It is like desperately desiring to be subjugated at the hands of a tyrant. Masochism?
commented 2016-04-20 11:05:39 -0400
That the CBC is pushing out all competition from the private sector is a serious issue for the media industry in Canada, but what is even worse is that they are pushing out alternatives voices to their extremely left biased Liberal loving hatred of anything conservative.
commented 2016-04-20 08:15:09 -0400
When the communists get into power that’s they do control the media.
commented 2016-04-20 07:44:26 -0400
The campaign to marginalize every non-tax funded media voice continues, on schedule and largely unchecked.

Why would we need private sector media when we have government bureaucrats, who are not even accountable to parliament in any meaningful way, to tell us what to think?
commented 2016-04-20 05:35:47 -0400
All news is online.

Haven’t watched TV news in years.

Recently CBC hired former Globe and Mail reporter turned Twitter executive Steve Ladurantaye who’s joining them to head up their digital push.

So what??? Those whom are interested in news have the “news sites” they frequent.

CBC is just a spam site. You can flood the internet with CBC spam, but users have choice now – the CBC is finished.
commented 2016-04-20 03:39:38 -0400
CBC is not a competitor to the rebel. The target audience is the complete opposite of each other.
commented 2016-04-20 01:12:36 -0400
Hey , why can’t i get a beer i like? Sorry you get liberal party beer or nothing. The joys of communism.
commented 2016-04-20 01:11:04 -0400
All the useful idiots who support this will be in for a surprise when they finally realize that a socialist dictatorship strips away all choice and everyone gets the same bland generic selection of clothes and food and jobs and entertainment.
commented 2016-04-19 23:20:18 -0400
Let’s not miss the real issue here; the agenda based, propaganda reporting of the CBC. They “pink star” comments they don’t like regardless of whether or not they are contrary to their own posted guidelines and censor story rebuttal and truth on a regular basis. They have a separate Aboriginal section permanently closed to comment while they habitually carry stories written by Aboriginal lobbyists and activists frequently distorting the truth being reported to well meaning, but extremely naive Canadians. This is an issue of national concern.
commented 2016-04-19 22:05:28 -0400
@ Lloyd Nolan commented 8 mins ago
Test
lmao – Loyd you aren’t on the CBC website! Your comments actually get posted here!
commented 2016-04-19 22:03:00 -0400
CBC – Canadian BRAINWASHING Corp.
commented 2016-04-19 21:59:02 -0400
By then Most of the uninformed frogs will have slowly boiled to death in Shakespeare’s bliss
commented 2016-04-19 21:29:42 -0400
Only 6% of Americans trust what is being reported by their MSM, does anyone know what it in Canada?
commented 2016-04-19 20:54:07 -0400
Don’t get me started on the CBC.

Canadian Broadcasting Cencorship.

Because of having some of my comments not posted on their news network site, I have actually cut and pasted sentences straight from the CBC news columns and reinserted them into the comment section that follows their story. Only to see “comment disabled”!
As far as the truth, it’s not so much what CBC reports, it’s what they selectively un report.
We need more Rebels.