ROGERS MOVES INTO VICTORIA
By Adnews Staff
Toronto-based Rogers Broadcasting has received approval to buy two Victoria, B.C. radio stations for $3.8 million, and re-sell one of them for $300,000. The stations involved are CKDA and CFMS-FM. Rogers is holding on to the FM station while selling CKDA to O.K. Radio Group. The stations are being purchased from Capital Broadcasting System of Victoria. Both stations were losing money. The new ownership will mean that they can keep operating and add to the choice of stations that listeners have in the market, says the Canadian Radio-television and Telecommunications Commission in its decision approving the deal. Rogers owns two Vancouver stations, CKKS-FM and CKWX. Its conditions of licence prohibit the Vancouver stations from going after advertising in Victoria and the Victoria station from soliciting advertising in Vancouver.