Moses returns with radio purchase; applies for new TV license

OTTAWA – Moses Znaimer has now officially returned to broadcasting. Today the CRTC approved his company's purchase of classical music radio station CFMX Toronto from Trumar Communications, which is owned by Martin Rosenthal. MZ Media will pay $12 million for the station, it's digital license and Cobourg repeater. Znaimer, as most will know, is an accomplished Canadian broadcaster best known for his many years shaping the TV brands of CHUM Ltd. He was a co-founder of Citytv after starting his career with CBC. Since the station has never been profitable, said Znaimer's submission, he asked that the transaction not be...