Radio broadcasting is an audio sound broadcasting service, traditionally
broadcast through the air as radio waves a form of electromagnetic
radiation from a transmitter to an antenna and a thus to a receiving device.
Stations can be linked in radio networks to broadcast common
programming, either in syndication or simulcast or both.
Audio broadcasting also can be done via cable FM, local wire networks,
satellite and the Internet.
Under the Canadian Radio television and Telecommuni cations
Commission's policy, CTVglobemedia Inc. is required to provide public
benefits in return for its proposed $1.7-billion takeover of CHUM's 33
radio stations, 12 television stations, and 21 specialty TV channels, those
benefits won't be quite so high if CTVgm persuades the CRTC not to
include the value of CHUM's $270 million debt in the purchase price.
CRTC spokesperson Denis Carmel told the Straight that these benefits
should equal six percent of the value of radio-station purchases and 10
percent of the value of television asset purchases, and should be paid out
over the term of the licence. Carmel said that in the past, benefits have
included endowments to postsecondary institutions, opening foreign news
bureaus, funding aboriginal programming, and developing and
broadcasting more Canadian programs in prime time.
CTVgm has claimed that the $230 million benefits package in 2000 that
followed BCE Inc.'s purchase of CTV led to the creation of the hit series
Corner Gas.
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View all stories from Mar 30, 2007
News Briefs
New and
nearly new radio stations bow in Calgary and Toronto
by Terry Poulton
Toronto HQ'd CHUM Limited launched a new FM radio station in
Calgary on Wednesday.
Energy 101.5 FM hit the air at 1:01pm MT, but the on air personalities
won't begin broadcasting - from interactive street-level studios in the
downtown core - until April 10, in time for the station's official launch on
April 12.
The station's overall target demo is adults 25-54, but special attention
will be paid to attracting females 25-44. Its owners plan to invest
$640,000 annually to develop and promote Canadian talent, including
supporting the CHUM Emerging Indie Artist Initiative. Online the new
station can be heard at www.energy1015.com.
