The Financial Post reports in its Saturday edition that for decades, Hollywood has travelled north to film in Canada, with productions such as the Twilight movies and the Suits TV series lured by tax incentives and skilled crews. A Bloomberg dispatch to the Post says that now Bell Media wants to flip the script and sell more Canadian shows to Hollywood. Bell has signed deals to develop new shows with Canadian stars who have made it big in the United States, including Seth Rogen, Tom Green and Elliot Page. On Wednesday, the company acquired a majority stake in distributor Sphere Abacus, which will help sell Bell Media's productions internationally. Bell Media spends more than $1-billion a year on programming for its media outlets, which include the CTV network, the TSN sports channel and the Crave streaming service. That makes it one of the largest content buyers outside the U.S. To comply with Canadian regulations, a significant portion of that spending goes to local productions. To build out its library, Bell Media is seeking to invest in production companies that will give the company access to new shows and a share in their success -- even as many U.S. media companies have pulled back on their spending.
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