After being turned down for a television station, Caldwell applied for a licence to create Canada's first private television network. With the licence approved, Caldwell created CTV, Canada's first commercial TV network. Caldwell was the first President of CTV and was inducted into the Canadian Association of Broadcasters Hall of Fame.
After being denied by a television station, Caldwell sought permission to create Canada's first private television network.  He was successful in obtaining this license and went on to establish CTV, Canada's initial commercial TV network. Caldwell became the first President of CTV and was inducted into the Canadian Association of Broadcasters Hall of Fame.