CTVglobemedia, owners of TSN and Chum Radio, today announced that TSN Radio 1050 will launch in Toronto on Wednesday, April 13th competing head on with Sportsnet Radio FAN 590.
Headlining the all-sports radio station will be Mike Richards who will host the morning drive show after performing similar duties in Calgary.
In a Broadcasting Notice of Consultation released yesterday, the CRTC has announced that it will hold hearings on the acquisition of CTV Globemedia by BCE Inc. beginning on February 8th, 2011.
The deal, which was announced in September, would see BCE Inc. acquire complete ownership of CTV which has an estimated value of $3.2 billion.
With a weekly readership of almost a million people, The Globe and Mail is Canada’s largest-circulation national newspaper and second-largest daily newspaper after the Toronto Star.
The Globe and Mail is often described as Canada’s newspaper of record in the English language and is a must read for many Canadians.
The Canadian Radio-television and Telecommunications Commission (CRTC) today released statistical and financial summaries for the Canadian specialty, pay, pay-per-view television and video-on-demand (VOD) services industry in 2009.
Despite lousy economic conditions last year, the federal broadcast regulator reported that total revenues for this part of the Canadian television industry still managed to grow a very healthy 6% to $3.1 billion while profits climbed to a record $728.7 million in 2008.
The CRTC this week approved a deal which would see Corus Entertainment purchase the specialty television channels Drive-In Classics and SexTV from CTVglobemedia.
The $40 million deal was first announced in Mid-July but took until this week for federal regulators to approve the deal.