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Canadian Heritage committee  Yes, I think the government has been looking at this, as it's been raised in the digital economy strategy. We have much less venture capital in this country for all kinds of things in IT writ large. You really need a system that's built on tax incentives and incentives for invest

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  It's a very interesting question. You may notice for the first time that the industry as a whole has not said stop it, and let's put up walls. I say this because it's the Internet, and what you're actually seeing is a clash between the traditional broadcasting system and the In

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  I would worry a little about that for two reasons. First of all, I don't think you necessarily want to have a fund that was established specifically to create broadcast content, and which now has new media appended to it, funding products that are perhaps being created by a young

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  The screens get bigger. A RIM tablet or an iPad starts to become the size of a television. The one thing that nobody is discussing when they say that all this wonderful stuff will happen on the Internet is that, particularly on wireless networks and to an extent on the Internet a

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  I think there's a significant chance that they will take them into account. They took some of this into account when they rendered the Shaw-Canwest decision. The issue for the CRTC will be that they worry that if they create rules, they will have to enforce the rules, and they

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  We can certainly try to help you out with your wireless plan.

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  You know, I think there is clearly a consumer push-back, and at the end of the day, the more disputes you see in the industry, the more negative I think the push-back becomes. At the end of the day, I don't think that's good for any of us. I can't give a better example than, ulti

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  I'd say the number one thing is to focus on the Internet as the future for our content entrepreneurs, creators, or public sector content producers, because that gives you access to global markets. If you have access to global markets, you have the ability to start to create busin

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  That really is what we're looking for. I agree with Mr. Englehart, the use of the words “structural separation” may imply too much. We want marketing barriers between--

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  --their carrier business and their content business, and I think Ken agreed to that, which is great.

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  Somebody asked me that question the other day. I think there has to be more compliance, but my first response to that was there's no point in giving somebody the power to fine if they're not willing to find anybody guilty in the first place. Let me give you an example. We have

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  In the case of the CRTC, you want explicit rules. The rules are explicit in video-on-demand, so you have to have action. That's number one. Let me take your earlier example on the Canada Media Fund. I agree, it has public funding. Table stakes that everything it produces should

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  I agree with that. I think we sometimes underestimate the innovation we see created in Canada. Canada has had a lot of firsts in that area. We are a small country. We've come here. We're not opposed to vertical integration. It's a business strategy. Clearly, it's not a business s

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  Well, I guess, Mr. Angus, it's not that I maybe think it can be offset as much as it's here. It's a reality. It's a given. We recognize, by the fact that we're not vertically integrated, that we face the biggest threat because our four largest competitors, adding the wireless, In

November 25th, 2010Committee meeting

Michael Hennessy

Canadian Heritage committee  Maybe I'm being cynical--I've been accused of that before--but Bell is not short on accountants, so I would assume somebody there ran the numbers and decided that if you own the largest and most extensive broadcaster in the country, perhaps you can have a fee-for-carriage regime

November 25th, 2010Committee meeting

Michael Hennessy