Radio / Television News

Three radio transactions: $65 million

GATINEAU – Three previously announced radio transactions will face the Commission in a non-appearing hearing in November, but their CRTC applications for permission show that there’s still a lot of value in Canadian radio.Together, the three purchases total $65 million. Rogers is making two of them, buying London’s BOB-FM from CTV for $16 million and Edmonton’s The Bounce FM from a CTV and Milestone Media partnership for $22 million.Click here and here for the hearing notice and to see the proposed benefits packages.The most expensive station being acquired is in Toronto, of course. As we reported, CTV agreed to buy...