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Iceberg, Bonzaroo merge to create near-dominant Canadian Internet radio force

News | 11/29/2001 5:00 am EST

Two of Canada’s largest Internet radio organizations have merged in a move that could create a dominant player on the country’s virtual airwaves. On November 19, Iceberg Media.com Inc., Toronto, announced that it had bought the assets of CHUM Ltd.’s Bonzaroo.com in an all-share deal that puts that initiative’s significant resources and technology under the same corporate umbrella as Iceberg and its investors Standard Broadcasting Corp. and Newfoundland Capital Corp. (NewCap).

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