- darcyh
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Re: Caribbean Canadian radio station up for sale
I love those "petition signers". So easy to sign a piece of paper. So what? If they really want to demonstrate support for the station open up their wallets and donate a buck or five. I have a lot more respect for individuals who put their money where their signature is. Some will say they can't afford to do this as they pull out their latest high dollar cell phone.
- sweir
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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.
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Thread Starter- torontostan
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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?
- splunge
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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.
- torontostan
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Re: Caribbean Canadian radio station up for sale
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