Rogers buys Citytv stations

Media and telecommunications giant Rogers Communications is buying the Citytv stations in Toronto, Winnipeg, Calgary, Edmonton and Vancouver from CTVglobemedia, which is in the process of buying them from CHUM Limited. The sale comes just days after Canada’s broadcast regulator, citing rules against concentration of ownership, said CTVgm would have to sell the Citytv stations if […]

CTV must sell Citytv, says regulator

From thestar.com: OTTAWA – The federal broadcast regulator is allowing CTVglobemedia to buy broadcaster CHUM Ltd. but only if the broadcaster sells five Citytv stations, including its flagship operation in Toronto… That’s one very big “but”. CTVglobemedia, operator of the CTV television network, wanted to keep the Citytv stations included in the purchase of CHUM. It […]