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 Posté le: Mer Sep 25, 2013 5:08 pm Sujet du message: Jim Pattison picks up radio stations shed by Bell- |
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{Jim Pattison picks up radio stations shed by Bell-Astral merger}
Jim PattisonBy Joannah ConnollyThu May 16, 2013 10:00am PSTJim Pattison's broadcast group is acquiring three radio stations in Calgary and Winnipeg from Bell Media and Astral,[url=http://www.michael-korshandbags-outlet.org]michael kors canada[/url],[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags Outlet[/url], the company announced this morning.The Bell Media stations to be acquired are:Kool FM 101.5 (CKCE-FM) – a contemporary format radio station in Calgary; andFAB 94.3 (CHIQ-FM) – a classic pop radio station in Winnipeg.The third station, to be acquired from Astral, is:QX 104 (CFQX-FM) – a country music station in Winnipeg.The company did not announce the values of the deals.The proposed merger of Bell Media and Astral is forcing the two companies to sell off a number of radio stations in order to comply with the Canadian Radio-television and Telecommunications Commission's (CRTC) common ownership policy, which limits the number of stations a company can own in a single market.Pattison's purchase of the stations is subject to approval from the CRTC and contingent on CTRC approval of the Bell-Astral merger.Chris Gordon,[url=http://www.michael-korshandbags-outlet.org]michael kors canada[/url],[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags Outlet[/url], president of radio and local TV at Bell Media, said,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Outlet[/url], "While a necessary outcome of our plan to join with Astral, the decision to sell these stations wasn't easy."Each is a strong performer in its respective market,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags[/url],[url=http://www.michael-korshandbags-outlet.org]Michael Kors Outlet[/url], and they will undoubtedly strengthen Pattison's growing portfolio of media assets."Rod Schween, president of Pattison Broadcasting, said, "We're just delighted that we are being given this opportunity to expand our radio reach in western Canada, and the addition of these stations will definitely strengthen our group."jconnolly@biv.com@jconnolly_bivTags: television, Bell Canada,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags[/url], Canadian Radio-television and Telecommunications Commission, Jim Pattison
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