CityTV has some new digs and it's going to be... the building formerly known as the Olympic Spirit "tourist attraction that nobody ever went to" tower/site at Yonge-Dundas Square. At least it'll be hard to miss.
When CTV bought the CHUM Media Group, part of the sale was the iconic City TV building at Queen & John. CTV had to give up CityTV as part of the sale (I believe it was a Canadian Radio Television Commission ruling, something about owning more than one local station). This led to CityTV needing both a new home and new owners. Rogers Media bought CityTV, and the stations founds itself a new home in the heart of Toronto.
As far as I know, MuchMusic and Bravo (owned by Rogers) will continue to be housed in the building formerly known as the CityTV studio building.
Update:
When CTV bought the CHUM Media Group, part of the sale was the iconic City TV building at Queen & John. CTV had to give up CityTV as part of the sale (I believe it was a Canadian Radio Television Commission ruling, something about owning more than one local station). This led to CityTV needing both a new home and new owners. Rogers Media bought CityTV, and the stations founds itself a new home in the heart of Toronto.
As far as I know, MuchMusic and Bravo (owned by Rogers) will continue to be housed in the building formerly known as the CityTV studio building.
Update:
Rogers will also relocate its two OMNI Television operations to the new complex.
The sale of the five-station Citytv network was a CRTC condition of CTVglobemedia's $1.7-billion takeover of CHUM Limited. Rogers Media received approval late last month to buy the stations for $375 million, and now retains a binding agreement to purchase the Dundas Square site. CTVglobemedia will keep Much Music in place at the former CHUM-City building at 299 Queen West, where the music channel has been broadcasting since 1987.
Marc Lostracco - Torontoist
Posts
0 comments:
Post a Comment