Toronto, - CTV Inc. announced today that NetStar Communications Inc. and NetStar Enterprises Inc. will be renamed to utilize
the highly recognizable CTV brand. Effective June 1, NetStar Communications Inc. will become CTV Specialty Television Inc. and NetStar Enterprises Inc. will become CTV Specialty Television Enterprises Inc.
"CTV is a powerful and well-known brand. The name change to CTV Specialty Television aligns us with our parent company and is one more step in the evolution of bringing NetStar and CTV together," said Rick Brace, President of NetStar Communications.
CTV Specialty Television Inc. has interests in TSN, the top-rated Canadian specialty channel; RDS, the world's first French-language sports channel; Discovery Channel Canada, an award-winning specialty channel; Dome Productions, a production house specializing in host broadcasting and live event programs; Exploration Production Inc.; Viewer's Choice Canada as well as the newly launched WTSN, Animal Planet, Discovery Civilization, ESPN Classic Canada and the NHL Network. The company also manages CTV's interests in the Outdoor Life Network and CTV Travel.
This corporate name change does not affect CTV's other specialty channels, which include: CTV Newsnet, Report on Business Television (ROBTv), The Comedy Network or talktv.
In March 2000, CTV Inc.'s acquisition of NetStar Communications Inc. was approved by the federal broadcast regulators. As part of the transaction, a $35.2 million benefits package was created.
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