CRTC approves sale of four Bell Media radio stations in eastern Ontario to MBC

The CRTC has approved My Broadcasting Corporation (MBC)’s purchase of four Bell Media radio stations in eastern Ontario. The stations include CFJR-FM (Move 104.9) and CJPT-FM (Bounce 103.7) in Brockville and CFLY-FM (Move 98.3) and CKLC-FM (Pure Country 99) in Kingston. Based on a proposed transaction value of nearly $1.87 million, MBC will be required to pay a total of $111,936 in tangible benefits over seven consecutive broadcast years to various funds, including Canadian Starmaker Fund, Fonds RadioStar, FACTOR, Musicaction, the Community Radio Fund of Canada, and any eligible Canadian content development initiative of MBC’s choosing. MBC has said it aims to...