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Bell Media to buy V network from Groupe V Media
By Adnews Staff
Bell Media has entered into an agreement with Groupe V Média of Montreal to acquire the conventional television network V as well as related digital assets, including video-on-demand service Noovo.ca. According to Bell, the acquisition is intended to strengthen its presence in Quebec. Groupe V Média operates television stations in Montreal, Quebec City, Saguenay, Sherbrooke and Trois-Rivières. It also has affiliate stations in Gatineau, Rivière-du-Loup and Val-d'Or.
“With today's announcement Bell Media welcomes French-language conventional TV to its portfolio, creating more opportunities for viewers, advertisers and content creators in Quebec,” said Karine Moses, president of Bell Media Quebec. “In a fast-changing ecosystem, we are excited to provide new opportunities for V with the guidance and expertise of our dedicated and experienced Montreal-based management, programming and production teams. We look forward to continuing to work closely with the local Francophone production community in delivering highly engaging original programming on V.”