There's good news for both young Canadian viewers and B.C.'s TV industry.
The Knowledge Network Corporation announced that it purchased the assets BBC Kids from Shaw Media. The purchase is subject to approval by the Canadian Radio-Television and Telecommunications Commission. Once ratified, the Knowledge Network will enter into a joint venture with BBC Worldwide (the BBC's commercial arm) to run BBC Kids, the first BBC–branded digital children's channel, which is geared to viewers aged 2 to 17 years old.
In a press release dated January 17, Mary McNeil, Minister of Citizens' Services and Minister responsible for the corporation, stated: "In 2008, the Province invested $2.7 million to upgrade Knowledge Network from analogue to digital and expand content delivery to Internet and mobile platforms. It is because of this investment, the Knowledge Network has the ability to support an additional channel, creating new partnerships and growth opportunities here in B.C."
BBC Kids will also move its offices from Toronto to Burnaby and new jobs will be created at Knowledge Network for day-to-day operations. The Knowledge Network will also increase its work with producers, editors, and talent. A subsidiary of Knowledge Network, Knowledge West Communications Corporation, will operate BBC Kids.