Radio / Television News

CRTC to rule against CTV in CHUM purchase

OTTAWA-GATINEAU – The CRTC will issue its decision on the purchase of CHUM Ltd. by CTVglobemedia tomorrow morning, Cartt.ca has learned. It's a stunningly quick decision, given the size of the deal and the fact the hearing concluded just five weeks ago, but according to sources, none of whom wish to be identified, it was an easy decision because the Commission will deny the biggest part of the acquisition: CTV's request to purchase CHUM's Citytv stations. The CRTC has had a long-standing policy against Canadian broadcasters owning a twin-stick operation – or two commercial over-the-air stations of the same language...