Affiliate owners at private national net CTV seem closer to negotiating a new shareholders pact with a meeting set for Nov. 1 in Vancouver. The move comes on the heels of a public hearing Oct. 6-9 when two of the web’s key affiliate owners presented applications to purchase TV stations.
The hearing underlined some of the power struggles that have resulted in years of haggling over how the net should be run.
Vancouver-based Western Intl. Communications applied to purchase Hamilton-based CHCH-TV, while Toronto-based Baton Broadcasting wants to buy CFPL-TV and CKNX-TV.
WIC’s proposed acquisition of CHCH would extend its coverage into the Toronto market, where CTV’s flagship station CFTO-TV, owned by Baton, also broadcasts.
With 11 of CTV’s 25 stations, Baton is the web’s most dominant player. Another affiliate owner, Electrohome, is opposed to Baton’s proposed acquisition of the two southwestern Ontario TV stations. Electrohome believes the acquisitions would give Baton a stronghold on the Ontario market and hurt Electrohome’s Kitchener affiliate, CKCO-TV.