CTVGlobemedia to Become CTV, Globemedia
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CTVGlobemedia to Become CTV, Globemedia

Bell Canada Enterprises (BCE) announced this morning that it would be taking full ownership of CTV, pending approval by federal regulators. The buyout, says the Globe, would effectively break up CTVGlobemedia, a corporate entity created in 2005 after BCE sold off part of their stake in the former Bell Globemedia—a media conglomerate that was in turn created in 2000, when BCE first acquired CTV and merged it with the Globe. Majority ownership of the Globe would revert to its previous majority owners, the Toronto-based Thomson family.