Pierre Karl Péladeau, President and CEO of Quebecor Inc., and Kory Teneycke, VP of Development for Quebecor Media Inc., unveil Sun TV News.Pierre Karl Péladeau, the billionaire President and CEO of Quebecor Inc., unveiled Sun TV News today at the offices of the Toronto Sun. The new all-news network, which was first reported under with the nickname Fox News North, will launch in 2011. Much of the speculation about the new network, which Péladeau said would compete directly with CBC News Network and CTV News Channel, was confirmed in today's announcement.
Here are the details:
- Sun TV News will share resources and reporters with the Sun chain of newspapers and, as Péladeau put it, would have an emphasis on "strong personalities."
- The network will adopt a format of hard breaking news during the day and focus on talk, editorial, and opinion in the evening.
- Péladeau argued today that Canadians are ill-served by CBC News Network and CTV News Channel and are opting for American news networks instead.
- As expected, Kory Teneycke, the former chief spokesperson for Prime Minister Stephen Harper, will head the new network. During the announcement today, he called Canada's existing all-news networks "narrow, complacent, and politically-correct."
- While obviously describing a new network that will be quite unique among the existing news networks, Teneycke rejected the "Fox News North" label, saying Sun TV News will offer "strong opinions and analysis" but will carry a range of points of view.
- Teneycke also answered the wave of editorial criticism facing the new network, saying it is "natural that our competitors should be worried."
- While a rumored figure of $100 Million was speculated as the Quebecor investment in the new network, neither Péladeau nor Teneycke would state the actual figure with Péladeau saying it would be "whatever is appropriate."
Explore the new Sun TV News website.
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