ARCHIVED - Broadcasting Decision CRTC 2004-114
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Broadcasting Decision CRTC 2004-114 |
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| Ottawa, 12 March 2004 | |
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The Haliburton Broadcasting Group Inc. Elliot Lake, Ontario |
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Application 2003-1133-2 Public Hearing in the National Capital Region 12 January 2004 |
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CKNR-FM Elliot Lake - Acquisition of Assets |
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| The Commission approves the application by The Haliburton Broadcasting Group Inc. to acquire the assets, and for a licence to continue the operation, of the radio programming undertaking CKNR-FM Elliot Lake. | |
The application |
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1. |
The Commission received an application by The Haliburton Broadcasting Group Inc. (Haliburton) for authority to acquire the assets of the radio programming undertaking CKNR-FM Elliot Lake from North Channel Broadcasters Inc. (North Channel), and for a broadcasting licence to continue the operation of the undertaking. |
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2. |
CKNR-FM is the only broadcasting property of North Channel. Haliburton is the licensee of nine FM radio stations in Northern Ontario, including stations serving Sudbury, Timmins, Iroquois Falls, Kapuskasing and Cochrane. |
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3. |
The Commission did not receive any intervention in connection with this application. |
The Commission's analysis and determination |
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4. |
The Commission notes that the value of the transaction is $625,000. |
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5. |
CKNR-FM Elliot Lake has been unprofitable on a consolidated basis over the period of 2000-2002. In Commercial Radio Policy 1998, Public Notice CRTC 1998-41, 30 April 1998, the Commission indicated that it would not require prospective purchasers to propose benefits in the context of their applications to purchase unprofitable radio stations. Nevertheless, in its August 2003 application, Haliburton made a commitment to direct, over a seven-year period, the amount of $37,500 (6% of the transaction's total $625,000 value) to the support of Canadian Music Week and/or FACTOR. In a subsequent letter dated 29 September 2003, the applicant made the further commitment to provide an additional $17,500 to FACTOR over seven years. |
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6. |
In its application, Haliburton identified various additional, intangible benefits that it stated would result from approval of the proposed transaction. These included an improved radio service in the Northern Georgian Bay area through the introduction of a live radio voice in Elliot Lake. Further, the applicant emphasized its commitment to enhance the resources and technologies available to CKNR-FM and each of Haliburton's other radio stations in the region. According to the applicant, approval would also provide greater assurance of the long term viability of this group of stations as a consequence of Haliburton's strengthened capacity as an experienced and successful Northern Ontario broadcaster, and the addition of Elliot Lake to the package of radio markets available to national and regional advertisers as a single buy. |
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7. |
The Commission, having examined the benefits associated with this transaction, approves the application by The Haliburton Broadcasting Group Inc. for authority to acquire the assets of the radio programming undertaking CKNR-FM Elliot Lake, and for a broadcasting licence to continue the operation of the undertaking. |
Issuance of the licence |
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8. |
The Commission will only issue the licence once the vendor has surrendered the current licence to the Commission. |
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9. |
The licence for CKNR-FM will expire on 31 August 2005, the current expiry date. The licence will be subject to the same terms and conditions as those in effect under the current licence. |
Employment equity |
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10. |
In accordance with Implementation of an employment equity policy, Public Notice CRTC 1992-59, 1 September 1992, the Commission encourages the licensee to consider employment equity issues in its hiring practices and in all other aspects of its management of human resources. |
| Secretary General | |
| This decision is to be appended to the licence. It is available in alternative format upon request, and may also be examined at the following Internet site: http://www.crtc.gc.ca. |
Date Modified: 2004-03-12
- Date modified: