18:20:13 EDT Fri 19 Apr 2024
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or Name
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Quebecor Inc
Symbol QBR
Shares Issued 162,110,540
Close 2017-12-08 C$ 24.60
Market Cap C$ 3,987,919,284
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NP says BCE, rivals face a CBC upping its on-line game

2017-12-11 09:36 ET - In the News

See In the News (C-BCE) BCE Inc (2)

The National Post reports in its Saturday edition that the CBC has discovered the Internet. The Post's Andrew Coyne writes that with an eye to the tens of thousands of "cord-cutters" who have been abandoning cable and satellite providers for on-line video, the corporation has begun streaming all of its live television services via an upgraded mobile and Apple TV app. The CBC will offer a paid "premium" version: For $4.99 a month, subscribers will receive all of the regular app's content ad-free, plus the CBC News Network feed. The way to wean the CBC off advertising is not to give it gobs more public funding. It is to put it on pay -- on all its platforms. The larger goal, then, should be for subscription fees to replace, not just advertising, but also the CBC's public subsidy. The beneficiaries from this would not only be taxpayers, but CBC viewers. The subsidy is not only no longer necessary, but an impediment to quality -- the kind that, we can now see, comes from a direct relationship with a passionate, paying audience that one can see on HBO, Netflix and Amazon Prime. There is no case for a "Netflix tax" since Netflix is not eligible for all those subsidies and regulatory benefits dispensed by the CRTC.

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