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Rogers Media to Acquire Remaining Interests in OLN


    TORONTO, Nov. 16 /CNW/ - Rogers Media today announced it had reached
separate agreements with each of CTVglobemedia ("CTVgm") and VERSUS L.P.
("VERSUS") under which Rogers Broadcasting, a Rogers Media subsidiary, would
acquire CTVgm's and VERSUS's respective one-third interests in Outdoor Life
Network Canada ("OLN"). Today, OLN is owned one-third each by Rogers
Broadcasting, CTVgm and VERSUS. The transactions are subject to CRTC approval.
    OLN is a 24-hour specialty network that delivers the most compelling and
comprehensive selection of outdoor programming for athletes and explorers of
all ages.
    The acquisitions are expected to close in the first quarter of 2008.

    About the Companies:

    Rogers Media Inc., a division of Rogers Communications Inc. (TSX: RCI;
NYSE: RCI), operates Rogers Broadcasting and Rogers Publishing. Rogers
Broadcasting has 51 AM and FM radio stations across Canada. Television
properties include 5 Citytv stations as well as the OMNI multicultural
television stations. Rogers Sportsnet, Canada's live event leader, offers
viewers five channels and Sportsnet HD and the Shopping Channel is a televised
and Internet shopping service. 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.

    CTVglobemedia Inc. is Canada's premier multi-media company with ownership
of CTV, Canada's No. 1 television network, and The Globe and Mail, Canada's
No. 1 national newspaper. CTV Inc. owns and operates 27 conventional stations
across the country, with interests in 35 specialty channels, including
Canada's No. 1 specialty channel, TSN. CTVglobemedia also owns the CHUM Radio
Network, which operates 35 radio stations throughout Canada, including CHUM
FM, Canada's No. 1 FM station. Other CTVglobemedia investments include an
interest in Maple Leaf Sports and Entertainment, which owns the Toronto Maple
Leafs, Toronto Raptors and the Air Canada Centre; and an interest in Dome
Productions, a North American leader in the provision of mobile high
definition production facilities. More information about the company can be
found at www.ctvglobemedia.com.

    VERSUS (VERSUS.com) celebrates real competition in all its forms. Now in
more than 74 million homes in the US, the network is the national cable home
of the National Hockey League (NHL) and the Stanley Cup Playoffs as well as
best-in-class events such as The Tour de France, Davis Cup Tennis, the
Professional Bull Riders (PBR), World Extreme Cagefighting (WEC) and
Professional Boxing. The network also offers collegiate sports featuring
nationally-ranked teams from top conferences such as the Pac-10, Big 12 and
Mountain West. VERSUS features the best field sports programming on television
and is a destination for sports fans, athletes and sportsmen to find
exclusive, competitive events that audiences can't find elsewhere. VERSUS, a
wholly owned company of Comcast Corporation (NASDAQ: CMCSA, CMCSK), is
distributed via cable systems and satellite operators throughout the United
States.