Montreal, Canada – In a critical announcement, Quebecor Inc., one of Canada’s leading media and telecommunications companies, has raised the alarm about the uncertain future of its flagship subsidiary, TVA Group Inc., a cornerstone of French-language private broadcasting in Quebec.
In the official press release, Quebecor Inc. highlighted the growing financial and operational pressures facing TVA Group due to market shifts, regulatory inaction, and intensified competition from foreign streaming platforms. The Corporation emphasized that immediate structural reforms and increased support from Canadian regulators are essential to preserve TVA’s long-standing role in promoting Quebec’s cultural and linguistic identity.
“The future of TVA Group — and by extension, the vitality of Quebec’s private French-language media landscape — is hanging in the balance,” stated Pierre Karl Péladeau, President and CEO of Quebecor Inc. “Without meaningful intervention, the sustainability of local content and the preservation of our cultural voice are at serious risk.”
TVA Group, a subsidiary fully controlled by Quebecor Media, operates some of Quebec’s most-watched TV channels and media outlets. The company has been facing declining ad revenues and rising production costs, trends accelerated by global digital platforms that operate without the same regulatory and financial responsibilities as domestic broadcasters.
In response, Quebecor Inc. is urging Canadian authorities, including the Canadian Radio-television and Telecommunications Commission (CRTC), to address what it sees as a structural imbalance in the media landscape. The company also pointed to the need for a modernized regulatory framework that ensures fair competition and reinforces the importance of original, locally produced French-language content.
In parallel with this advocacy, Quebecor Inc. confirmed that it is actively reviewing internal strategies to strengthen TVA Group’s operations, including potential restructuring, technology investments, and content innovation.
This public statement follows a series of efforts by Quebecor Inc. to defend the future of Quebec media against what it calls “regulatory inertia” and “digital disruption.” The company has reiterated its long-term commitment to supporting journalism, entertainment, and cultural expression in Quebec — but warns that commitment must be met with a shared effort by both the public and private sectors.
As of now, Quebecor Inc., incorporated under Québec law, remains the majority shareholder and strategic decision-maker for TVA Group, and it maintains full control over its editorial and corporate direction.
For more information and future updates, the full statement is available at www.quebecor.com.