Corus and Astral at centre of big changes to Canadian radio industry

Late last week, the CRTC approved Astral Media and Corus Entertainment's deal to exchange radio assets in Quebec. In total, 13 stations, in 11 cities, will be changing hands. Of particular note among the stations switching hands, Corus plans to shift CKAC-FM's news and information format into health and sports.
Corus was also busy outside Quebec, signing an agreement with Newfoundland Capital Corporation to sell its two Red Deer, Alta. stations (CIZZ-FM and CKGY-FM). The deal is pending approval from the CRTC.
By Staff 
January 25, 2005

Late last week, the CRTC approved Astral Media and Corus Entertainment’s deal to exchange radio assets in Quebec. In total, 13 stations, in 11 cities, will be changing hands. Of particular note among the stations switching hands, Corus plans to shift CKAC-FM’s news and information format into health and sports.

Corus was also busy outside Quebec, signing an agreement with Newfoundland Capital Corporation to sell its two Red Deer, Alta. stations (CIZZ-FM and CKGY-FM). The deal is pending approval from the CRTC.