ROGERS MEDIA ADDS 13 RADIO STATIONS TO ROSTER
By Adnews Staff
Rogers Media is acquiring 13 Ontario radio stations from Standard Broadcasting for $100 million, including Toronto all-sports station CJCL The FAN 590. Standard Broadcasting acquired these stations from Telemedia earlier this summer. The acquisition brings the number of stations operated by Rogers Media in Canada to 43. In a separate deal, Newcap Inc., a subsidiary of Newfoundland Capital Corp. Ltd., will acquire 15 Telemedia radio stations in the province of Alberta from Standard Broadcasting. Both Rogers' and Newcap's acquisitions are subject to regulatory approval.
« Back Next »
Comments
blog comments powered by Disqus