Setback for CTV-CHUM deal

The Canadian Radio Television Commission has blocked the proposed sale by television network CTV of up to three CITY-TV stations.

CTV doesn’t yet own the stations — in Winnipeg, Calgary and Edmonton — but would pick them up as part of its purchase of radio and television broadcaster CHUM Limited

That deal is pending approval from the CRTC, and CTV had hoped it would become more palatable to the regulator if the CITY stations were taken out of the package.

The full story has just been posted at globeandmail.com.

Read More