History
Licensed by the Canadian Radio-television and Telecommunications Commission (CRTC) on April 2, 1984 as Action Canada Sports Network, the channel was launched by the Labatt Brewing Company on September 1 of the same year as "The Sports Network", or "TSN". TSN was formed partly to promote Labatt's flagship products, but also to act as a vehicle for the Toronto Blue Jays baseball team (which was also owned by Labatt at the time). In 1989, TSN also launched a sister French language service, Réseau des sports (RDS).
Due to CRTC regulations on the foreign ownership of broadcasters, Labatt was forced to sell TSN and RDS upon its acquisition by Interbrew in 1995. Labatt's broadcasting assets were sold to a privately held consortium named NetStar Communications, the investors of which included a number of Canadian firms as well as ESPN, which held about 30%.
Read more about this topic: The Sports Network
Famous quotes containing the word history:
“The foregoing generations beheld God and nature face to face; we, through their eyes. Why should not we also enjoy an original relation to the universe? Why should not we have a poetry and philosophy of insight and not of tradition, and a religion by revelation to us, and not the history of theirs?”
—Ralph Waldo Emerson (1803–1882)
“So in accepting the leading of the sentiments, it is not what we believe concerning the immortality of the soul, or the like, but the universal impulse to believe, that is the material circumstance, and is the principal fact in this history of the globe.”
—Ralph Waldo Emerson (1803–1882)
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)