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Transaction closed: Rogers takes operating control of Citytv
Thursday November 01st 2007Rogers Media announced that the transaction to purchase the five Citytv conventional television stations closed yesterday. The stations acquired from CTVglobemedia Inc. were under the control of Mr. John D. McKellar, C.M., Q.C., Trustee under a Voting Trust Agreement in respect of CHUM Limited.
The Citytv network includes Citytv Toronto (CITY-TV), Citytv Winnipeg (CHMI-TV), Citytv Edmonton (CKEM-TV), Citytv Calgary (CKAL-TV) and Citytv Vancouver (CKVU-TV).
In light of this announcement, Rogers Broadcasting, a Rogers Media subsidiary, takes immediate control of the Citytv operations under the direction of Leslie Sole, Chief Executive Officer of Television for Rogers Media.
"We are extremely pleased that we were able to close this transaction on schedule, allowing us to now proceed with managing these stations and expanding our broadcasting operations in these major markets," said Leslie Sole, CEO, Television, Rogers Media.
<font size=1>Source: CNW Group</font>
Front Page, Industry News
Transaction closed: Rogers takes operating control of Citytv
Thursday November 01st 2007Rogers Media announced that the transaction to purchase the five Citytv conventional television stations closed yesterday. The stations acquired from CTVglobemedia Inc. were under the control of Mr. John D. McKellar, C.M., Q.C., Trustee under a Voting Trust Agreement in respect of CHUM Limited.
The Citytv network includes Citytv Toronto (CITY-TV), Citytv Winnipeg (CHMI-TV), Citytv Edmonton (CKEM-TV), Citytv Calgary (CKAL-TV) and Citytv Vancouver (CKVU-TV).
In light of this announcement, Rogers Broadcasting, a Rogers Media subsidiary, takes immediate control of the Citytv operations under the direction of Leslie Sole, Chief Executive Officer of Television for Rogers Media.
"We are extremely pleased that we were able to close this transaction on schedule, allowing us to now proceed with managing these stations and expanding our broadcasting operations in these major markets," said Leslie Sole, CEO, Television, Rogers Media.
<font size=1>Source: CNW Group</font>
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Front Page, Industry News
Transaction closed: Rogers takes operating control of Citytv
Thursday November 01st 2007Rogers Media announced that the transaction to purchase the five Citytv conventional television stations closed yesterday. The stations acquired from CTVglobemedia Inc. were under the control of Mr. John D. McKellar, C.M., Q.C., Trustee under a Voting Trust Agreement in respect of CHUM Limited.
The Citytv network includes Citytv Toronto (CITY-TV), Citytv Winnipeg (CHMI-TV), Citytv Edmonton (CKEM-TV), Citytv Calgary (CKAL-TV) and Citytv Vancouver (CKVU-TV).
In light of this announcement, Rogers Broadcasting, a Rogers Media subsidiary, takes immediate control of the Citytv operations under the direction of Leslie Sole, Chief Executive Officer of Television for Rogers Media.
"We are extremely pleased that we were able to close this transaction on schedule, allowing us to now proceed with managing these stations and expanding our broadcasting operations in these major markets," said Leslie Sole, CEO, Television, Rogers Media.
<font size=1>Source: CNW Group</font>
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