CFCM was Quebec's first private television station, going on the air for the first time on July 17, 1954. The transmitter building and studios was located on St. Jean Boscoe Street, near Cite Universitaire. The tower contract had been let to Cobra Industries Inc. and the total estimated cost of TV station and building was $ 500,000. A 440 foot tall lattice tower was built for the stations transmitter which gave the station a 50 mile coverage radius. CFCM started out as a private bilingual CBC/Radio-Canada affiliate. The station's original owner was Télévision de Québec, a consortium of theatre chain Famous Players and Quebec City's two private AM radio stations, CHRC and CKCV. At its launch, CFCM immediately linked up with both the CBC and Radio-Canadamicrowave networks. The station started broadcasting an all-French service on March 17, 1957, when Télévision de Québec launched CKMI-TV. When Radio-Canada opened CBVT on September 7, 1964, CFCM joined the loose association of independent stations formed by Montreal's CFTM-TV and Chicoutimi's CJPM-TV a year earlier. This was the forerunner of TVA, which was formally organized on September 12, 1971. Télévision de Québec was nearly forced to sell its stations in 1969 because of the Canadian Radio-television and Telecommunications Commission's new rules requiring television stations to be 80 percent Canadian-owned. The largest shareholder, Famous Players, was a subsidiary of American film studio Paramount Pictures. Eventually, Famous Players reduced its shares to 20% by 1971, allowing Télévision de Québec to keep CKMI and CFCM The company renamed itself Télé-Capitale in 1974. For a time in the 1980s, the station's logo was a "4" resembling the logo of independent Spanish language station WAPA-TV in San Juan, Puerto Rico. CFCM, along with five other stations, CKMI-TV, CHLT-TV, CHEM-TV and CFER-TV, were all purchased by Pathonic Communications in 1979. CFCM became the flagship station of Pathonic's new TVA-affiliated system. Pathonic merged with Télé-Metropole, owner of CFTM, in 1990. Since then, CFCM has been a semi-satellite of CFTM, except for newscasts. Currently, CFCM produces its own edition of the 6 p.m. bulletin, TVA Nouvelles, anchored by Pierre Jobin. It is the only TVA station to entirely produce its own evening newscast.