CHUM seen pursuing Craig aggressively

Article Abstract:

CHUM Ltd., the Toronto broadcaster that is dreaming of becoming the third national force in private television, would be aggressively bidding in any auction for Craig Media Inc. The purchase of Craig Media would give CHUM an assured position in key Western Canadian markets, and would be a big step in its rise to national network status.

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CHUM purchases Craig Media, adds to western TV holdings

Article Abstract:

CHUM Ltd's $265-million deal to buy Craig Media Inc. would position it as Canada's third major private television broadcaster. On acquisition of Craig Media, CHUM would get conventional television stations in Brandon, Winnipeg, Edmonton and Calgary along with three specialty channels such as MTV, MTV2 and TV Land.

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CHUM sells MuchMusic U.S.A. stake

Article Abstract:

CHUM Ltd. sell the final stakes in its MuchMusic U.S.A. cable music channel to Rainbow Media Holdings Inc.

United States, Asset sales & divestitures, Cable Television Systems, Cable Networks, Cable and other pay TV services, Cable television broadcasting industry, Cable television, Broadcasting, Rainbow Media Holdings Inc., MuchMusic U.S.A.

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