Glassbox to buy Travel & Escape from CTV

TORONTO – Independent broadcaster Glassbox Television announced today it will buy digital specialty channel travel + escape from CTV.The acquisition of the category one travel and leisure service is subject to CRTC approval, for which an application has already been filed. Financial terms of the sale were not disclosed.Glassbox operates cross-platform broadcast and VOD channels Bite TV (a hyper-interactive digital channel) and 24-hour music service Aux."This acquisition is a natural next step in our company’s development and a great fit with our growing suite of services,” said Raja Khanna, co-CEO of Glassbox, in a release. The company engaged investment banking...