Rogers acquires Edmonton's BOUNCE FM
TORONTO, June 22 /CNW/ – Rogers Broadcasting Limited (RBL) strengthened its presence in Edmonton today with the acquisition of FM radio station BOUNCE (CHBN-FM) from CHUM Radio, a division of CTV Limited and Milestone Media Broadcasting Limited. BOUNCE, one of Edmonton’s top hit music stations, will join Rogers’ modern rock station SONiC and Rogers’ ethnic radio station World FM. The sale is subject to CRTC approval.
“Rogers has been active in the Edmonton radio market for four years and we’re keen to expand our local presence,” commented Paul Ski, Chief Executive Officer, Radio, Rogers Media. “The acquisition of BOUNCE will strengthen Rogers’ position in this important young adult demographic and will allow us the opportunity to offer a more enhanced service to both our listeners and our advertisers.”
Rogers operates 13 radio stations throughout Alberta with operations in Calgary, Canmore, Edmonton, Fort McMurray, Grande Prairie, Lethbridge and Medicine Hat.
Rogers Broadcasting is a subsidiary of Rogers Media, a division of Rogers Communications (TSX: RCI; NYSE: RCI). Rogers Broadcasting has 53 AM and FM radio stations across Canada. Television properties include 5 Citytv stations and 5 OMNI local over-the-air stations, the specialty channels; Rogers Sportsnet, Canada’s live-event leader, is comprised of four channels, all of which are available nationally and in high definition; OLN, Biography, G4Tech TV, Setanta Sports (Canada) and Canada’s only televised shopping service, The Shopping Channel.