COGECO TO EXPAND TV INTERESTS
By Adnews Staff
Cogeco Inc. of Montreal is buying two TV stations from Radio Saguenay. The two stations are CKRS-TV and CFRS-TV. The deal has been approved by the Canadian Radio-television and Telecommunications Commission and is expected to close by the end of the year. Cogeco already operates TV and radio stations. The TV stations are CKTM-TV and CFKM-TV, both in Trois-Rivieres, Que., as well as Les Productions Carrefour Inc., which produces programs for several general interest and specialty television networks. The company also operates two radio stations in Quebec, and is a cable television operator in Quebec. Cogeco announced last week that it will move into the local telephone market in Ontario and Quebec by the end of 1999. The BDDS Group of Montreal handles advertising for Cogeco.