Rogers Media Inc has purchased 13 radio stations in Ontario from Standard Broadcasting for $100 million, subject to CRTC approval. Under the transaction, the stations, to be acquired by Standard Broadcasting from Telemedia Radio Inc, will be transferred to Rogers. Among the 13 stations is the all-sports radio station, CJCL – The Fan in Toronto. Rogers says the acquisition of the Fan will complement the sports programming on its specialty television channel Sportsnet. More details.
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