TVA fires more than 500 employees, PKP explains why

“Refocus TVA on its role as a broadcaster only.”

It was quite a thunderclap in the television landscape that made itself felt mid-afternoon on Thursday (November 2), as TVA announced the layoff of more than 500 employees.

“TVA Group is no longer viable”, we learned a little later from Pierre Karl Péladeau himself, who performed an astonishing exercise at a press conference detailing the reasons for and implications of this decision.

A decision that includes several others in an overall plan, including that of “refocusing TVA on its role as a broadcaster only”.

With the help of charts, PKP explains that digital platforms have forced a radical change in the Quebec television industry.

“We reiterate the urgent need to act,” Péladeau goes on to say.

“There is no question of Groupe TVA disappearing from Quebec’s media and television landscape,” insists a convinced Pierre Karl Péladeau.