At Astral Media’s AGM yesterday CEO Ian Greenberg declared that the Montreal conglom is on the prowl for acquisitions. Coming off its best ever fiscal, the company has a radio, TV, outdoor props wish list in hand, and is witing for a For Sale sign to go up somewhere. In other growth plans, Alain Bergeron, VP brand management, speaking on the subject of new radio initiatives, said that last week, the company filed an application with the CRTC for a radio station licence in Ottawa. The station, tentatively titled EVEfm, will be Astral’s first foray into the Ottawa market (the conglomerate already owns 24 stations in Quebec and Atlantic Canada).
Though Astral was denied some of its recent radio licence applications when the CRTC announced its approved stations for Atlantic Canada last week (See Media in Canada, Nov. 30), Astral is still awaiting word regarding a application it filed with CHUM for two new digital radio stations.