Radio & Television

UPDATED: Newcap’s purchase of Bell radio stations in Toronto, Vancouver approved

OTTAWA – Newcap may officially proceed with its purchase of five radio properties formally owned by Bell after receiving CRTC approval of the deal Wednesday.As reported, Bell Media agreed to sell five of 10 radio properties as part of a list of conditions  set by the CRTC pending its approval last June of BCE Inc.’s acquisition of Astral Media for $3.2 billion.  Newfoundland Capital Corp.’s wholly-owned subsidiary Newcap Inc. agreed to buy the stations for $112 million. For Newcap, which already owns 90 radio stations across Canada, the deal marks the company’s foray into two of Canada’s largest radio markets: Toronto and Vancouver. ...

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.