TORONTO, Oct. 31 /CNW/ - Rogers Media today announced that the
transaction to purchase the five Citytv conventional television stations
closed earlier today. 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.
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.