CRTC approves Bell’s plan to buy Larche’s Northern Ontario radio stations
OTTAWA – The CRTC has given Bell Media the go-ahead to proceed with its $17 million purchase of four FM radio stations in Ontario from Larche Communications Inc.The deal, first announced last August, encompasses the assets of English-language commercial radio stations 104.1 The Dock (CICZ-FM) Midland, 92.3 The Dock (CJOS-FM) Owen Sound, KICX Country 106 (CICX-FM) Orillia, and KICX Country 91.7 (CICS-FM) Sudbury.Noting Bell Media’s proposed tangible benefits package of $1.02 million (representing 6% of the value of the transaction) and the broadcaster’s stated commitment to continue to serve the markets with local programming that meets the needs and interests of the communities, the Commission...
To view the full content, please sign up for a subscription.
Already a member? Log in.