Bloomberg TV To Launch Channel In Canada
Partners With Channel Zero On Bloomberg TV Canada*2/26/2015 1:15 PM Eastern*
http://www.multichannel.com/news/networks/bloomberg-tv-launch-channel-canada/388391
*By: MCN STAFF
*
Bloomberg and Channel Zero said they have plans to launch Bloomberg TV
Canada, a new business-news channel, in mid 2015. The new channel will
provide 24/7 Bloomberg global market coverage plus Canadian business and
financial news, broadcasting from a new high-definition studio in
Toronto's business district with a backdrop of the city's skyline, the
companies said.
The companies did not disclose any distribution details, but
Toronto's/The Globe And Mail/reported
<http://www.theglobeandmail.com/report-on-business/bloomberg-to-launch-canadian-business-tv-channel/article23207065/>that
the new channel would supersede Bloomberg TV, the business news network
distributed in 75 million U.S. homes (per SNL Kagan), on many Canadian
TV lineups. Channel Zero will be the majority owner of the new outlet,
which will have about 35% Canadian content at launch, the newspaper said.
“Canada is a vital market for us," Michael R. Bloomberg, founder
and majority shareholder of Bloomberg L.P., said in a release. "The
Bloomberg Professional service has been in Canada’s top financial firms
for more than 25 years, and it is now one of our fastest growing markets
in the world. We look forward to providing our clients and business
executives with engaging and informative television, detailing the
impacts of global news on Canadian business and highlighting the
newsmakers in Canada who are moving global markets.”
“We are thrilled to partner with Bloomberg to bring Canadian audiences
business and financial news from here and around the world,” Cal Millar,
president of Channel Zero (both are pictured above), said in the
release. “Bloomberg TV Canada will benefit from Channel Zero’s expertise
in news journalism and will tap into Bloomberg’s unmatched access to
global business leaders. Simply put, our partnership with Bloomberg
places us directly in the epicenter of the financial world.”
Channel Zero owns the over-the-air channel CHCH-TV and smaller specialty
channels including Rewind and Silver Screen Classics.
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