CRTC approves changes of ownership of several Ontario radio stations

In a number of decisions published Monday on its website, the CRTC has approved the sale of several radio stations located in Ontario. My Broadcasting Corporation (MBC) has received CRTC approval for its purchase of three stations from Rogers Media, including Easy 101.3 (CKOT-FM) and its sister station Country 107.3 (CJDL-FM) in Tillsonburg, and Jack 92.3 (CJET-FM) in Smith Falls. Based on a transaction value of $1,095,000 (as revised by the CRTC) for the purchase of the three stations, MBC is required to pay a total of $65,700 in tangible benefits in equal instalments over seven consecutive broadcast years. MBC...