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:
“All things are moral. That soul, which within us is a sentiment, outside of us is a law. We feel its inspiration; out there in history we can see its fatal strength.”
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