CHUM COMPLETES SEACOAST PURCHASE
By Adnews Staff
Toronto-based Chum has completed the purchase of the radio assets of Seacoast Communications Group, based in Victoria, BC. Chum moved to acquire these assets in January. The $7.5 million purchase includes Victoria radio stations C-FAX AM and CHBE-FM. C-FAX has a talk radio format, while CHBE-FM plays pop music. Chum has also paid $500,000 for the music production operation Seacoast Sound. Mel Cooper, owner of Seacoast Communications Group, has joined Chum as chair of community affairs.
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