ARCHIVED - Decision CRTC 99-189
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Decision |
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Ottawa, 29 July 1999 |
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Decision CRTC 99-189 |
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Radiomedia Enterprises Inc. |
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Montréal, Quebec - 199903836 |
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14 June 1999 Public Hearing |
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Transfer of shares |
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1. The Commission approves the application by Radiomedia Enterprises Inc., licensee of CKAC Montréal, the AM Radio News Network, Réseau des Expos and Réseau des Canadiens for authority to trans-fer the issued and outstanding shares held by Telemedia Communications Inc. (Telemedia) to Telemedia Radio Inc. |
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2. In approving this application, the Commission has taken into account the fact that Telemedia Radio Inc. is a wholly-owned subsidiary of Telemedia and that the transaction thus represents an inter-corporate reorganization without any change occurring in the control, programming or management of the licensee. Telemedia is reorganizing its operations and wishes to group all of its broadcasting assets under a new subsidiary. This transaction also includes the transitional digital radio undertaking approved in Decision CRTC 98-498. |
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This decision is to be appended to the licence. It is available in alternative format upon request, and may also be viewed at the following Internet site: |
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Secretary general |
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