Argent (TV channel)
Former Canadian specialty TV channel
From Wikipedia, the free encyclopedia
Argent (Money) was a Canadian French language Category A specialty channel. The channel was devoted to business news and financial information. The channel was owned and operated by Groupe TVA, a division of Quebecor Media. It was the francophone counterpart of Business News Network.
History
On November 24, 2000, a consortium of companies including Groupe TVA (50.1%), Publications Transcontinental Inc. (30%) and BCE Media Inc. (19.9%) was granted a broadcasting licence by the Canadian Radio-television and Telecommunications Commission (CRTC) for a television channel called LCN Affaires, described as "a national French-language Category 1 specialty television service devoted to business and personal finance."[1]
Before the channel was launched, Groupe TVA bought the remaining shares from the other partners, bringing its ownership to 100%. Shortly thereafter, the channel was launched on February 21, 2005 as "Argent".[2]
On April 19, 2016, Quebecor announced that Argent would cease broadcasting after April 30, 2016. The company cited the channel's poor profitability as justification for the decision.[3]
