Radio / Television News

Much to separate in CTV-Rogers-City deal: Toronto station to move from CHUMCity building by 2010

TORONTO – Citytv Toronto will leave its long-time home inside the CHUMCity building within three years as part of Rogers Media’s deal to buy the Toronto station and four others across the country. Announced yesterday, Rogers has signed a deal to acquire Citytvs in Toronto, Winnipeg, Calgary, Edmonton and Vancouver for $375 million from CTVglobemedia. The new deal nullifies the Rogers purchase of the A Channels from CTV, which will now hold on to those assets.The agreement came together rather quickly, since the CRTC only announced its decision on Friday. The two companies were able to move at such speed...