Canada’s biggest media company, Bell Media, has taken the rare step of hiring a non-Canadian to steer the ship as the country’s TV sector navigates a crisis.
American executive Sean Cohan made his name during a 15-year spell at A+E Networks, where he helped spearhead the company’s transformation into an international content powerhouse, and later as the chief growth officer and president of international at audience measurement firm Nielsen.
As Bell Media president, he’ll have oversight of Canada’s biggest broadcast network CTV, a portfolio of around 25 pay TV channels and streaming service Crave, in addition to a suite of radio stations and its out-of-home advertising business.
His mandate is simple: return the company to growth. But figuring out how to do that will not be simple.
The stakes are high. In a highly consolidated market like Canada’s, with only few buyers, the health of the independent production sector is linked closely to the health of Bell Media. And amid advertising revenue declines, accelerating cord-cutting, mass lay-offs and shifting audience consumption habits, the company’s future prosperity is anything but assured.
For almost five months since taking up the role, Cohan has been publicly silent as he gets under the company’s hood/bonnet and strategises for the future. That period of silence is now over as Bell Media heads towards its all-important Upfronts in a couple of months.
C21 caught up with Cohan to discuss his vision for turning Canada’s biggest legacy media company into a modern digital powerhouse, growing its streaming business, becoming a significant player in the free ad-support streaming television (FAST) space and being more active in the global marketplace.
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