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ARCHIVED - Public Notice CRTC 2000-55

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Public Notice CRTC 2000-55

  Ottawa, 17 April 2000
  Affinity Radio Group Inc. on behalf of Blackburn Group Incorporated
Leamington, Sarnia, Wingham, and Centreville, Ontario – 199918281
– 199918307
  Transfer of control and shares

1.

The Commission has approved, by Letter of Authority A00-0021 dated 17 March 2000, the above-noted applications for authority to change the effective control of Blackburn Radio Inc. (Blackburn Radio) and Sarnia Broadcasters (1993) Ltd. (Sarnia Broadcasters), through the transfer of all of the issued and outstanding shares held by Blackburn Group Incorporated, a wholly-owned subsidiary of Blackburn Radio and Sarnia Broadcasters being transferred to Radiont Inc. Affinity Radio Group Inc. is a wholly-owned subsidiary of Radiont Inc. Radiont Inc. will also, indirectly, acquire the 23.08% interest that Blackburn Radio holds in Bea-Ver Communications Inc. The affected radio stations are CHYR-FM in Leamington, CFGX-FM, CHKS-FM and CHOK in Sarnia, as well as CKNX and CKNX-FM in Wingham and the transmitter CKNX-FM-2 in Centreville.

2.

As a fundamental element of approval of this application, the Commission notes the licensee's commitment to contribute benefits in accordance with the Commercial Radio Policy 1998. Consistent with the requirements of the benefits test outlined in Public Notice CRTC 1998-41, the Commission requires the purchaser to contribute tangible benefits of 6% of the value of the transaction that is, $1,127,000, to be allocated over seven years as follows:
 
  • 3% ($563,500) to the Canadian Music Marketing and Promotion Fund, which is to be created;
 
  • 2% ($375,795) as a FACTOR contribution; and
 
  • 1% ($187,705) to local talent development initiatives.
3. The 3% contribution which is to be allocated to the Canadian Music Marketing and Promotion Fund must be directed to the Canadian Association of Broadcasters who will hold all contributions in trust pending the creation of this fund.
  Secretary General
  This document is available in alternate format upon request and may also be viewed at the following Internet site: http://www.crtc.gc.ca
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