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Could there be anything more ironic than a national business channel deciding to go out of business? That's what officially happened on Friday, when the CRTC granted a request by CHCH owner Channel Zero to have the national cable station's licence revoked. (There was a time when it was speculated that CHCH would go all Bloomberg all the time, but that didn't happen.)
BTV went on the air in November 2015 but never gained much acceptance. For a while it was a staple of CHCH's daytime filler programming, but they've since replaced all of it.
The existence of this thing has been completely scrubbed from the ownership's current websites but here's how they described it back in 2016.
"Bloomberg TV Canada delivers the best of Bloomberg’s global markets information, essential Canadian business and financial news, and dynamic lifestyle programming to influential Canadian decision-makers.
"With input from 30 journalists in six news bureaus in major markets across Canada, and access to 2,400 journalists reporting from 150 bureaus in 73 countries worldwide – Bloomberg TV Canada becomes the first business and financial information source for Canadians, providing its audience with a critical edge by connecting them to a vital network of information, people and ideas.
"Bloomberg TV Canada broadcasts from the heart of Toronto’s financial district with studios at Brookfield Place and TSX."
I'm not sure how many jobs are on the line, since the channel leveraged its far more successful Bloomberg cable resources in the U.S. and some of them were already based here working for the American version.
Interestingly, according to a 2015 article in Greg O'Brien's cartt.ca, Channel Zero had hoped to launch a Canadian radio business format using the Bloomberg resources, but they didn't own any stations and could never get anyone who did to partner with to launch the service.
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What's more interesting, is that ROB/BNN is still around.
Secondly, it would be fascinating to discover how many of the channels launched in September/2001 are still around, re-branded or flatlined? (Drive-In Classics, Movieola, etc.)
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With the elimination of Bloomberg Canada, so much for AM 640 going all business news! Corus might have been a good partner.
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Radiowiz wrote:
so much for AM 640 going all business news! Corus might have been a good partner.
Doubtful. A low/non-existent rated station carrying a low-rated, last-to-the-post business channel? Plus, when would the hosts let their Bored Bunnies interrupt, do weather immediately after the newscast did weather, have "helicopter" traffic (interesting there is no registered aircraft at YYZ, YKZ or YTZ), or have fill-ins that sound like community cable interns?
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The license revocation is more a symbolic end than the actual one. The channel died a few months back when Channel Zero replaced the localized feed with a direct copy of the US channel. Amanda Lang, who was their star, has already landed a new job at Bell.
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This is what, like the 4th time she's returned to BNN after a stint at another station went totally awry?
BNN is akin to the lowly boyfriend who keeps taking back his beautiful girlfriend no matter how many times she dumps him for another man, and she knows she can run back to him with open arms. Sheesh.
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ROB is doing well. CRTC publishes all of their key financial data. For the year ended Aug 31, 2016, they had over 5.3 M subs and pretax profit of over $8.2 MThat doesn't look like a failure to me. Advertisers are paying a major premium to reach investors and retirees who watch the channel. The problem was...bloomberg Canada had no chance without significant carriage agreements...they weren't in many households....another poorly hatched plan from the guys at Keele and Dundas.
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tvguy wrote:
to reach investors and retirees who watch the channel . . .
. . . bring investment programs, like Ian's popular Sunday money show program(s), to terrestrial, conventional radio to reach the thousands of commuters who have no use for, or time for, television. Real investment programs, not the guy who has been insisting that gold bullion was a prudent investment since it was trading at almost $1,900 in 2011
Last edited by Kilgore (December 9, 2017 11:42 am)
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cGrant wrote:
Radiowiz wrote:
so much for AM 640 going all business news! Corus might have been a good partner.
Doubtful. A low/non-existent rated station carrying a low-rated, last-to-the-post business channel? Plus, when would the hosts let their Bored Bunnies interrupt, do weather immediately after the newscast did weather, have "helicopter" traffic (interesting there is no registered aircraft at YYZ, YKZ or YTZ), or have fill-ins that sound like community cable interns?
Just testing to use quotes.