CRTC denies CHUM TV licences for Edmonton, Calgary markets
News | 02/27/2004 5:00 am EST
The CRTC has refused to grant licences to CHUM Ltd. for over-the-air TV stations in Calgary and Edmonton, with a retransmitter in Red Deer AB. In the long run, though, the decision is likely to be just as beneficial to CHUM as it is to Craig Media Inc., which has its base in the Alberta market. In its February 26 decision, the regulator lists a concern about the negative impact approving CHUM’s applications would have at this time compared to the potential benefits of additional local programming as the reasons for denying CHUM’s bid (Broadcasting Decision 2004-98).
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