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Alliance Sweet on Salter Street.


As film companies continue to consolidate, Alliance Atlantis Communications is offering C$82 million to acquire Salter Street Films.

Salter Street also holds a federal license for the Independent Film Channel, a digital channel debuting this fall. Salter's programming slate consists of the satire This Hour Has 22 Minutes This Hour Has 22 Minutes is a weekly Canadian television comedy that airs on CBC Television. Launched in 1993 during Canada's 35th general election, the show focuses on Canadian politics, combining news parody, sketch comedy and satirical editorials. , sci-fi series Lexx, Made in Canada Made in Canada may also mean Country of origin.

Made in Canada is a Canadian television situation comedy which aired on the CBC from 1998 to 2003. In the United States, France, Australia and Latin America, the show was syndicated as The Industry.
, The Awful Truth with Michael Moore, Blackfly blackfly

Any member of the insect family Simuliidae, comprising 300 species of small, humpbacked dipterans found worldwide. Usually black or dark gray, the blackfly has short mouthparts adapted for sucking blood.
 and Emily of New Moon Emily of New Moon is the first in a series of novels by Lucy Maud Montgomery. Summary
Similar to her earlier and more famous Anne of Green Gables series, the Emily
.

Film and TV mergers continue to be a trend in North America, where small producers are snapped up by the big players. Corus Entertainment recently bought kids' programmer Nelvana Ltd., While Cinar Corp. put itself on the market in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?"
midmost
 of financial crisis.

Salter Street's major shareholders -- brothers Michael and Paul Donovan -- have approved the merger, but not all shareholders have agreed yet.

Under the agreement, a Salter Street shareholder can receive C$3.33 in cash and .31 of a class B non-voting share of Alliance Atlantis for each Salter Street share, or .465 of an Alliance share for each Salter Street share.
COPYRIGHT 2001 TV Trade Media, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Video Age International
Article Type:Brief Article
Geographic Code:1CANA
Date:Apr 1, 2001
Words:172
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