Acadia Broadcasting Ltd. is asking the CRTC for the authority to acquire the assets of multiple English radio stations in Atlantic Canada and Ontario as part of a corporate reorganization. In a notice of hearing from the CRTC posted Thursday, the commission said the transaction by Acadia -- which is owned 50/50 by Black-Tip Investments Limited and Rosa Rugosa Investments Limited -- would not affect the control of the stations, which are effectively overseen by John K.F. Irving and Anne C.I. Oxley, respectively, as the heads of both groups. “The application relates to a simple...
The CRTC said Friday it has approved the sale of two radio stations in New Brunswick by Rogers Communications Inc. The commission said in an online notice that the sale of CHNI-FM in Saint John to Newcap Inc. has been given the OK, as has the transfer of CKNI-FM in Moncton to Acadia Broadcasting Ltd. Both new owners of the radio stations were given approval to change their formats from news and talk to music....