Tag Archives: Rajiv Pancholy

What happened to TTP Media?

From left: Paul Tietolman, Nicolas Tétrault and Rajiv Pancholy, partners in 7954689 Canada Inc., aka Tietolman-Tétrault-Pancholy Media

From left: Paul Tietolman, Nicolas Tétrault and Rajiv Pancholy, partners in 7954689 Canada Inc., aka Tietolman-Tétrault-Pancholy Media

Over the past few months, one of the questions I’ve been asked a lot is what is going on with the group known as TTP Media. The group, composed of businessmen Paul Tietolman, Nicolas Tétrault and Rajiv Pancholy, has licences for three AM radio stations in Montreal, none of which has launched yet. And none of them has said anything publicly for months.

Some of those inquiries have come from people looking for jobs at these new stations, which have promised to invest heavily in local programming and local news. Others have come from radio watchers excited about having something else to listen to. And some are from people who have a beef with CJAD and want to see competition as soon as possible.

Since May, I have been trying to get answers from all three of them. And it has been proving strangely difficult. Tietolman, who had previously been very talkative about the new station, without giving away any secrets, clammed up, asking me to speak with Pancholy, who is the managing partner.

Pancholy told me he didn’t have anything to say at the moment, but that I could expect an announcement in the next four to six weeks that would answer most of my questions.

That was May 23. Despite repeated phone calls, I haven’t spoken to Pancholy since. (That’s 20 weeks ago, in case you’re counting.)

Tétrault, for his part, has at least been getting back to me. “Our group is very much alive and hard at work,” he wrote me in an email on Aug. 20. “However, we do not want to announce anything till we are fully ready. I hope you understand. We will contact you when the time comes.”

On Oct. 3, in response to another request for information as the deadline to launch the first of those three stations approaches, Tétrault said “we do not like to talk about our plans” but that he’d make an exception to tell me this:

In the current business environment, it makes business sense to launch multiple radio stations as close to each other as possible. Consequently, we had requested that our implementation deadline be extended. The CRTC has recently responded favorably to our request.

We do not have any other comments at the moment.

Tietolman had told me something similar the last time I saw him in person, during the Bell/Astral CRTC merger hearings in May. The group wants to launch its English and French news-talk stations at the same time. (The three have gone back and forth on this plan a bit, first saying they would launch simultaneously, then saying they wouldn’t have to do that, and now saying they want to do that again.)

News of this extension will no doubt fuel more rumours out there about why this group has disappeared from the public radar.

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Clear Channel Cagematch: Tietolman-Tétrault-Pancholy

Over the past week, I have been taking a closer look at the applications for Montreal’s AM clear-channel frequencies 690 and 940 kHz that were presented at CRTC hearings in October. In today’s final installment, I look at the application from Paul Tietolman, Nicolas Tétrault and Rajiv Pancholy for a French news-talk station on 690 and an English news-talk station on 940. Though these are technically two separate applications, they are virtually identical in format and are being treated as one application here.

The would-be station owners at the CRTC hearing (from left): Nicolas Tétrault, Rajiv Pancholy and Paul Tietolman

Do you believe in radio? Do you believe that corporate greed and ineptitude has more to do with the decline of media than the Internet or changing habits? Do you think the thing the media sphere needs right now more than anything else is an owner with the heart of a mom-and-pop operation and the bank account of a Fortune 500 executive?

If so, the three men pictured above are here to be your saviours.

If you don’t believe, if you think investing in talent has already been proven not to work, and that rigorous cost-cutting is the only thing that keeps radio profitable these days, then these three men will seem like morons willing to flush tens of millions of dollars right down the toilet.

Despite how closely I’ve followed radio, I can’t honestly say which of these is true. I want to hope for the former, but the latter just seems more realistic.

And the success of these applications will depend, more than anything else, on which side of that fence three CRTC commissioners sit.

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