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.
Read more about this topic: Food Network (Canada)
Famous quotes containing the word history:
“When the history of this period is written, [William Jennings] Bryan will stand out as one of the most remarkable men of his generation and one of the biggest political men of our country.”
—William Howard Taft (1857–1930)
“The history of mankind interests us only as it exhibits a steady gain of truth and right, in the incessant conflict which it records between the material and the moral nature.”
—Ralph Waldo Emerson (1803–1882)
“I saw the Arab map.
It resembled a mare shuffling on,
dragging its history like saddlebags,
nearing its tomb and the pitch of hell.”
—Adonis [Ali Ahmed Said] (b. 1930)