Montreal radio market should qualify for CRTC ownership exemption: Cogeco

By Perry Hoffman

MONTREAL - The uniqueness of the Montreal market, the fact that there is only one AM station still operating in the region, and Astral’s significant radio holdings in the province should be all the evidence the CRTC needs to grant Cogeco an exemption to its radio station ownership policy, the company told the Commission this week.The Regulator heard arguments this week on Cogeco’s proposed $80 million purchase of Corus Entertainment’s Quebec radio assets – and one of the major issues up for discussion was Cogeco’s ownership exemption request. If granted, it would allow the company to own three FM and...