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BY FAX: (902) 425-8260
Decision CRTC 2001-55
Ottawa, 9 February 2001
Ms. Catherine Tait
The Commission approves the above noted application for authority to effect a corporate reorganization of The Independent Film Channel Canada Incorporated ("IFCC"). IFCC is to become the licensee of the national digital specialty service that will provide Canadian independent films. The original voting shareholders of IFCC were to be Salter Street Films Limited at 95% and Triptych Media Inc. at 5%. The corporate change will result in Salter Street Broadcasting Limited, a wholly owned subsidiary of Salter Street Films Limited becoming the shareholder of these voting shares.
The Commission notes that Michael and Paul E. Donovan will continue to exercise effective control of Salter Street Films Limited.
The Commission will modify its ownership records to reflect the authorized ownership of Salter Street Films Limited as shown in the attached appendix.
All letters of approval issued by the Commission are made available for public examination at the Commission's central office. The Commission also requires you to append this letter to your licence.
The Independent Film Channel Canada Incorporated
Salter Street Broadcasting Limited
Date Modified: 2001-06-28