Radio / Television News

CTV sells CKX-TV Brandon station to Bluepoint Investments for $1

TORONTO – CTV has sold CKX-TV Brandon to Canadian investment firm Bluepoint Investment Corporation for one dollar.Bluepoint assumes all of CKX-TV's broadcast assets, liabilities and commitments with the purchase, including the station's 39 employees, the announcement read."This is good news for the employees that work at CKX-TV Brandon and the surrounding communities who depend everyday on the local programming that the station provides," said Paul Sparkes, CTVglobemedia’s EVP of corporate affairs, in the announcement. "Being an independent operator, Bluepoint will be able to access the Small Market Local Programming Fund. This is something that neither CTV nor Canwest have been...