The Southern Ontario/WNY Radio-TV Forum / Who's buying the Corus stations?

**Posted by Scarboroughbluffsradiof99** March 7, 2025 6:14 pm

There was news floting around in the ratings thread that we would know who's buying the Corus stations.
Who's going to be the new owner?

**Posted by Jody Thornton** March 7, 2025 6:20 pm

Read the last post in that thread.

**Posted by Scarboroughbluffsradiof99** March 7, 2025 6:34 pm

It does not say who it is.
Is it stingray? is it quebecor?

**Posted by RadioAaron** March 7, 2025 6:36 pm

Nobody who knows is going to post it here.

**Posted by Scarboroughbluffsradiof99** March 7, 2025 6:38 pm

If you can, please let us know.
I tried googling it, but nothing came up that's published today.
I think its stingray.

**Posted by Jody Thornton** March 7, 2025 6:42 pm

Scarboroughbluffsradiof99 wrote:
It does not say who it is.
Is it stingray? is it quebecor?

I was referring to the post stating that the announcement was moved to next week. Settle down!

**Posted by Scarboroughbluffsradiof99** March 7, 2025 7:43 pm

I hope you tell us next weak

**Posted by Jody Thornton** March 7, 2025 7:50 pm

It has nothing to do with me. I was repeating a post from the winter ratings thread.

**Posted by Scarboroughbluffsradiof99** March 7, 2025 8:09 pm

Still, someone let us know.

**Posted by torontomike** March 7, 2025 9:00 pm

C'MON JODY, SPILL THE BEANS!!!!1!

**Posted by Hansa** March 7, 2025 9:02 pm

I can spare $50.

**Posted by Scarboroughbluffsradiof99** March 7, 2025 9:04 pm

torontomike wrote:
C'MON JODY, SPILL THE BEANS!!!!1!

Will it be over a month before he tells us/?
More guesses, pattison, cogeco or rolco

**Posted by Jody Thornton** March 7, 2025 9:43 pm

torontomike wrote:
C'MON JODY, SPILL THE BEANS!!!!1!

Boon! I know NOTHING. I don't work for Corus, have no inside track - I haven't worked in the biz since April 2023. I was just relaying to ScarBluffs that someone posted here that the announcement was delayed. See the link

https://gta.boardhost.com/viewtopic.php?pid=103155#p103155

**Posted by Jody Thornton** March 7, 2025 10:16 pm

Binson Echorec wrote:
JFC, what a thread.

This is getting silly. I'm doing my taxes ...lol

**Posted by torontomike** March 7, 2025 10:49 pm

Jody Thornton wrote:
torontomike wrote:
C'MON JODY, SPILL THE BEANS!!!!1!
Boon! I know NOTHING. I don't work for Corus, have no inside track - I haven't worked in the biz since April 2023. I was just relaying to ScarBluffs that someone posted here that the announcement was delayed. See the link

https://gta.boardhost.com/viewtopic.php?pid=103155#p103155

I was just stoking the fire. There should be a sarcasm font.

**Posted by Jody Thornton** March 7, 2025 10:51 pm

torontomike wrote:
Jody Thornton wrote:
torontomike wrote:
C'MON JODY, SPILL THE BEANS!!!!1!
Boon! I know NOTHING. I don't work for Corus, have no inside track - I haven't worked in the biz since April 2023. I was just relaying to ScarBluffs that someone posted here that the announcement was delayed. See the link

https://gta.boardhost.com/viewtopic.php?pid=103155#p103155
I was just stoking the fire. There should be a sarcasm font.

All Good! Cheers!

**Posted by paterson1** March 7, 2025 10:52 pm

Jody Thornton wrote:
Binson Echorec wrote:
JFC, what a thread.
This is getting silly. I'm doing my taxes ...lol

Hahaha. Hope you get some money back Jody!

Has anyone heard any rumours who it might be? I wonder if it is the whole company or just part. If it is all of Corus they may decide to sell off some divisions.

**Posted by Radiowiz** March 25, 2025 11:25 am

Scarboroughbluffsradiof99 wrote:
There was news floting around in the ratings thread that we would know who's buying the Corus stations.
Who's going to be the new owner?

Looks like they're not selling just yet... https://gta.boardhost.com/viewtopic.php?id=14230

**Posted by RadioAaron** March 25, 2025 11:26 am

Radiowiz wrote:
Scarboroughbluffsradiof99 wrote:
There was news floting around in the ratings thread that we would know who's buying the Corus stations.
Who's going to be the new owner?
Looks like they're not selling just yet... https://gta.boardhost.com/viewtopic.php?id=14230

That doesn't mean anything either way. It's just necessary process to keep operating in the meantime.

**Posted by torontostan** March 25, 2025 12:19 pm

Radiowiz wrote:
Looks like they're not selling just yet... https://gta.boardhost.com/viewtopic.php?id=14230

It's actually the opposite. This credit facility is extended to early 2027.... which buys Corus enough time to keep the business afloat while the CRTC & competition bureau approve of the takeover bid

**Posted by Scarboroughbluffsradiof99** March 25, 2025 1:34 pm

Hope more stations don't get shut down in that time.
Radio still has a future, maybe not in AM but Canada should have stuck with DAB for that reason.
Look how well dab's working in most of europe.
On world dab, they had information that Ireland's now testing out dab.

Last edited by Scarboroughbluffsradiof99 (March 25, 2025 1:36 pm)

**Posted by torontostan** March 25, 2025 2:12 pm

The crtc should allow operators to own four FM's in major markets if they operate one of them as a news station with a minimum % of revenue spent on local/live journalists, etc. It's the only way forward for private news radio in this country. AM is long past it's due date in Canada, and if they can only own 3 FM's it makes it very hard financially to run anything but music formats..... my two cents....

**Posted by Scarboroughbluffsradiof99** March 25, 2025 2:24 pm

torontostan wrote:
The crtc should allow operators to own four FM's in major markets if they operate one of them as a news station with a minimum % of revenue spent on local/live journalists, etc. It's the only way forward for private news radio in this country. AM is long past it's due date in Canada, and if they can only own 3 FM's it makes it very hard financially to run anything but music formats..... my two cents....

Agreed.
The Crtc should have been smart and looked at puting news on fm or just stuck with DAB.
You could have as many stations as posible on dab and national coverige like times radio or lbc in the u.k

**Posted by Radiowiz** March 25, 2025 2:56 pm

torontostan wrote:
The crtc should allow operators to own four FM's in major markets if they operate one of them as a news station with a minimum % of revenue spent on local/live journalists, etc. It's the only way forward for private news radio in this country. AM is long past it's due date in Canada, and if they can only own 3 FM's it makes it very hard financially to run anything but music formats..... my two cents....

I argue that if a person talks, who cares if it is mono or stereo? A weaker FM signal in mono, not stereo would be the best place to dump a news station. Mono mode strengthens the signal.

**Posted by Aytononline** March 25, 2025 3:02 pm

It should be 4 radio stations, I don't think it should matter if its AM or FM. If they want to own 4 AM radio stations or 4 FM radio stations, I don't see the issue.

**Posted by Scarboroughbluffsradiof99** March 25, 2025 3:47 pm

I sea an issue for smaller commpanies like rogers.
They will destroy the 4th station.
companies like whiteoaks should be alowed to own 4 stations for growth.

**Posted by torontostan** March 25, 2025 5:49 pm

Radiowiz wrote:
I argue that if a person talks, who cares if it is mono or stereo? A weaker FM signal in mono, not stereo would be the best place to dump a news station. Mono mode strengthens the signal.

Which is what CBC radio one does.