ALLIANCE INCREASES OWNERSHIP OF SHOWCASE
By Adnews Staff
Toronto-based Alliance Communications has increased its stake in Showcase Television from 55% to 75%. The company says its acquired the additional 20% from several shareholders, including an 18% interest from Productions La Fete of Montreal. Alliance also owns the History and Entertainment Network. The company plans to consolidate the two channel's originating facilities, advertising sales and general management. In addition, Alliance has also bought a 20% interest in La Fete, which produces children's programming. Alliance has also teamed up with Shaw Communications of Edmonton to launch a video-on-demand channel.
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