Food Network (Canada)
| Country | Canada |
|---|---|
| Headquarters | Toronto, Ontario |
| Ownership | |
| Owner | Corus Entertainment (80.16%, managing partner) Scripps Networks Interactive (19.84%) |
Food Network is a Canadian English language Category A specialty channel with programming related to food, cooking, cuisine, and the food industry. Food Network is a joint venture between Corus Entertainment and Scripps Networks Interactive.
History
Before the launch of Food Network Canada, the American service, Food Network was available in Canada since 1997. Food Network became one of the more popular foreign cable channels available in Canada, which prompted the creation of a Canadian version of the American service, which would then be able to access ad revenue through commercials under Canadian Radio-television and Telecommunications Commission (CRTC) regulations.
The licence for Food Network Canada was approved by the CRTC in early 2000. The channel was launched in October of that year; on the day of the launch, the American service was removed from the list of foreign channels eligible to be broadcast in Canada.
On January 18, 2008, a joint venture between Canwest and Goldman Sachs Capital Partners known as CW Media bought Alliance Atlantis and gained AAC's interest in Food Network.
On October 27, 2010, ownership changed again as Shaw Communications gained control of Food Network as a result of its acquisition of Canwest and Goldman Sachs' interest in CW Media.[1][2] On March 4, 2013, Corus Entertainment announced the sale of its 22.58% ownership interest in Food Network to Shaw Media, in exchange for Shaw's 49% stake in ABC Spark.[3] The sale closed in April 2013.[4]
On April 1, 2016, Corus Entertainment re-assumed ownership of the network due to its acquisition of Shaw Media.[5][6]
Food Network HD
On October 5, 2011, Shaw Media launched Food Network HD, a 1080i high definition simulcast of the standard definition feed.[7] It is available on Telus Optik TV, Shaw Cable and Bell TV.
See also
- Canadian cuisine
- List of Food Network Canada personalities
- List of programs broadcast by Food Network Canada
References
- ^ "Shaw Communications closes purchase of Canwest TV assets, rebrands as Shaw Media". Therecord.com. Retrieved 2013-12-22.
- ^ "CRTC approves Shaw's purchase of the Canwest Global television properties". Crtc.gc.ca. 2010-10-22. Retrieved 2013-12-22.
- ^ BCE to sell assets to Corus as part of Astral deal, The Globe and Mail (via Reuters and The Canadian Press), March 4, 2013.
- ^ "Press Release - Corus Entertainment Receives CRTC Approval on TELETOON Canada Inc., Historia and Séries+ Acquisitions". Corusent.com. Retrieved 2013-12-22.
- ^ "Corus Entertainment acquires Shaw Media for $2.65-billion". The Globe and Mail. Retrieved 13 January 2016.
- ^ "Corus Entertainment Completes Acquisition of Shaw Media". Retrieved April 2, 2016.
- ^ Food Network Canada looking better than ever Shaw Media press release 2011-10-05
External links
- Official website
- Adams, Liz; Food Network cooks up Canadian menu; Strategy Magazine; 07/17/2000.
- Decision CRTC 2000-217; CRTC; 07/04/2000.