Radio / Television News

Znaimer gets regulatory go-ahead for Vision TV purchase


OTTAWA – Broadcast visionary Moses Znaimer is officially back in the television business.The CRTC approved the purchase of VisionTV’s broadcasting assets by Znaimer’s company ZoomerMedia on Tuesday. The deal, valued at $25 million, includes the multi-faith and multicultural channel VisionTV, diginet One: the Body, Mind & Spirit channel, and the conventional TV stations Joytv 10 in Vancouver and Joytv 11 in Winnipeg, as Cartt.ca reported. ZoomerMedia was also granted a new broadcasting licence to continue the operation of VisionTV under the same terms and conditions as those in effect under the current licence. The licence expires August 31, 2011.The Commission’s approval...