sowny.net | The Southern Ontario/WNY Radio-TV Forum


You are not logged in. Would you like to login or register?

  • Index
  •  » SOWNY
  •  » Caribbean Canadian radio station up for sale

    • 1 2  Jump to

       

    September 4, 2020 11:05 am  #31

    sweir
    Member

    Offline


    Re: Caribbean Canadian radio station up for sale

    Word on the street, and it is only a rumour, is that the station has been bought by a Canadian buyer with off-shore support.  

     

    September 4, 2020 5:57 pm  #32

    torontostan
    Member

    Offline


    Re: Caribbean Canadian radio station up for sale

    Interesting! Would the "off-shore" support have to be limited to 30%? And does the CRTC have to approve of this?

     

    September 4, 2020 7:40 pm  #33

    splunge
    Member

    Offline


    Re: Caribbean Canadian radio station up for sale

    torontostan wrote:

    Interesting! Would the "off-shore" support have to be limited to 30%? And does the CRTC have to approve of this?

    Foreign ownership is limited to 20% direct and a provision for 33.3% for holding corps.  It requires Commission approval.

     

    September 4, 2020 7:55 pm  #34

    torontostan
    Member

    Offline


    Re: Caribbean Canadian radio station up for sale

    splunge wrote:

    Foreign ownership is limited to 20% direct and a provision for 33.3% for holding corps.  It requires Commission approval.

    I was close! Haha. Thanks 

     

     

    1 2  Jump to

  • Index
  •  » SOWNY
  •  »  Caribbean Canadian radio station up for sale