TORONTO – Rogers Broadcasting has agreed to buy up Kingston’s K-Rock 1057 Inc.
The independent radio company launched rock stations K-Rock 105.7 FM (CIKR FM) in 2001 and KIX Country 93.5 FM (CKXC FM) in 2007 in partnership with Rogers. It will sell 100% of its ownership to Rogers, pending CRTC approval.
"This is a great opportunity for Rogers to expand our presence in Kingston, a market in which we’ve been involved since 2000," said Paul Ski CEO for Rogers Radio. "K-Rock has led the Kingston market because of its strong bond with listeners, advertisers and community organizations. We look forward to building on this success and continuing the strong local profile of both radio brands."
Financial terms of the agreement were not disclosed.