Argent (TV channel)
| Argent | |
|---|---|
|
Argent logo | |
| Launched | February 21, 2005 |
| Closed | April 30, 2016 |
| Owned by | TVA Group |
| Picture format | 480i (SDTV) |
| Country | Canada |
| Broadcast area | National |
| Headquarters | Montreal, Quebec |
Argent (Money) was a Canadian French language Category A specialty channel. The channel was devoted to business news and financial information. The channel was owned and operated by TVA Group, a division of Quebecor Media. It was the francophone counterpart of Business News Network.
History
On November 24, 2000, a consortium of companies including Groupe TVA (50.1%), Publications Transcontinental Inc. (30%) and BCE Media Inc. (19.9%) was granted a broadcasting licence by the Canadian Radio-television and Telecommunications Commission (CRTC) for a television channel called LCN Affaires, described as "a national French-language Category 1 specialty television service devoted to business and personal finance."[1]
Before the channel was launched, Groupe TVA bought the remaining shares from the other partners, bringing its ownership to 100%. Shortly thereafter, the channel was launched on February 21, 2005 as "Argent".[2]
On April 19, 2016, Quebecor announced that Argent would cease broadcasting after April 30, 2016. The company cited the channel's poor profitability as justification for the decision.[3]
References
- ↑ Decision CRTC 2000-468 CRTC 2000-12-14
- ↑ LA PREMIÈRE CHAÎNE FINANCIÈRE FRANCOPHONE EN AMÉRIQUE DU NORD Groupe TVA press release 2005-02-16 (French)
- ↑ "Quebecor Media's TVA Group closing business channel Argent". The Globe and Mail. Retrieved 19 April 2016.