Radio / Television News

MacMillan to pay $32.5M for Glassbox

OTTAWA – The CRTC will take a good look at broadcasting veteran Michael MacMillan’s plans to buy independent broadcaster Glassbox Television.MacMillan’s company Blue Ant Media agreed to acquire Glassbox in April, as Cartt.ca reported.  Glassbox, which is owned by a number of shareholders and controlled by a board of directors, owns and operates digital specialty channels Aux TV, Bite TV and recently acquired category 1 specialty channel Travel + Escape.In the application, made public by the Commission on Tuesday, the total purchase price for the various transfers amounts to $32.5 million. Of that, $10 million is assigned to Travel + Escape...