TORONTO, Sept. 28 /CNW/ - Rogers Media today announced that the Canadian
Radio-Television Commission (CRTC) has approved the agreement under which
Rogers Broadcasting, a Rogers Media subsidiary, will acquire five Citytv
conventional television stations from CTVglobemedia Inc. These assets are
currently 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). The
transaction is expected to close on October 31, 2007.
"We are delighted with the approval by the CRTC of our acquisition of the
Citytv network. We are the successors to a proud tradition at Citytv and we
will continue to nurture and develop one of Canada's great brands in a way
that builds on its intensely local, urban and diverse personality," said Rael
Merson, President of Rogers Broadcasting Limited (RBL).
RBL also announced that Leslie A. Sole, Chief Executive Officer of
Television for Rogers Media, will assume operational responsibility for the
Citytv stations, upon completion of the acquisition. "Leslie is one of the
great innovative thinkers in Canadian broadcasting. The inimitable originality
and creativity that Leslie brings will ensure that the Citytv stations prosper
for the long-term," said Mr. Merson. "Jamie Haggarty, Vice-President of
Financial Operations for Rogers Media will oversee the transition with
"This is a very exciting time for the television broadcasting group at
Rogers. The addition of Citytv to our broadcast portfolio gives us the
platform and scale for a fresh and innovative approach to reaching diverse
audiences in some of Canada's largest markets," said Leslie Sole. "The Citytv
stations will complement our existing multicultural OMNI television stations
in Ontario along with the impending launch of new OMNI stations in Calgary and
Edmonton. Rogers also recently applied to the CRTC for approval of its
acquisition of the Vancouver/Victoria multicultural station Channel M. The
combination of our existing television properties with the Citytv stations
gives us a national television platform that will continue our proud tradition
of service to local communities."
About Rogers Media Inc.
Rogers Media Inc., a division of Rogers Communications Inc., operates
Rogers Broadcasting and Rogers Publishing. Rogers Broadcasting has 51 AM and
FM radio stations across Canada. Television properties include multicultural
television broadcaster Rogers OMNI Television, which is a free over-the-air
system consisting of four regional broadcasters; The Shopping Channel, a
televised and electronic shopping service; Rogers SportsNet, Canada's live
event and high-definition leader, and the management of two digital television
services. Rogers Publishing produces many well-known consumer magazines such
as Maclean's, Chatelaine, Flare, L'actualité and Canadian Business, and is the
leading publisher of a number of industry, medical and financial publications.
All media properties are integrated with their own popular web sites. Rogers
Media also owns The Toronto Blue Jays Baseball Club and Rogers Centre, a
year-round sports and entertainment facility.