Media Ownership in Canada: a timeline
Last Updated Sept. 19, 2006
The CRTC approves CTVglobemedia’s acquisition of CHUM, but orders the media entity to sell all five of the Citytv stations it purchased in the $1.7 billion deal. The regulator said allowing CTV to hold onto the stations — in Toronto, Vancouver, Edmonton, Calgary and Winnipeg — would violate the “common ownership” policy, which prevents a broadcaster from operating more than one commercial TV station in one language in a given market.
CBC STORY: CRTC tells CTVglobemedia to sell 5 Citytv stations
Astral Media Inc. strikes a $1.08 billion deal to buy privately held Standard Radio Inc., a merger that would create the largest radio broadcaster in Canada.
CBC STORY: Astral Media to buy Standard Radio for $1.08B
CanWest Global Communications Corp. teams up with private equity firm Goldman Sachs Capital Partners to buy Alliance Atlantis Communications Inc., one of Canada’s largest entertainment companies. The $2.3 billion deal is awaiting CRTC approval.
CBC STORY: CanWest, Goldman Sachs buy Alliance Atlantis for $2.3B
Bell Globemedia makes a bid for CHUM. The company says that if the deal is approved, CHUM’s A-Channel and Access Alberta stations will be sold off.
CBC STORY: Bell Globemedia makes $1.7B bid for CHUM
Bell Canada Enterprises announces a deal to sell part of Bell Globemedia to Torstar (which owns the Toronto Star) and the Ontario Teachers’ Pension Plan. The deal, which is still awaiting CRTC approval, would see BCE, Torstar and the pension plan each own 20 per cent of Bell Globemedia while Woodbridge Co., a holding company controlled by the Thomson family, own 40 per cent.
CBC STORY: BCE sells major stake in Bell Globemedia to Torstar, Teachers’
CHUM buys Craig Media, acquiring A-Channel stations in Edmonton, Calgary and Winnipeg, a station in Brandon, Man., and some digital special channels. It sells its stake in newly launched Toronto1 to Quebecor, which rebrands it Sun TV.
CBC STORY: CHUM buying TV broadcaster Craig Media for $265M
Rogers Communications buys Sportsnet and 15 Ontario radio stations.
CBC STORY: Rogers acquires CTV’s 40% stake in Sportsnet
BCE Inc. buys the CTV television network and, six months later, the Globe and Mail newspaper. A new company, Bell Globemedia, is formed.
CBC STORY: BCE announces $2.3 billion bid for CTV
CBC STORY: BCE gets green light: Bell Globemedia born
CanWest buys Hollinger’s 13 daily newspapers, 126 community papers, 50 per cent of the National Post and canada.com. The company would later acquire the remaining 50 per cent of the National Post from Hollinger.
CBC STORY: CanWest swallows up Hollinger papers
Quebecor buys Quebec cable company Vidéotron, beating a bid by Rogers Communications.
CTV Inc. buys NetStar Communications, owner of the Discovery Channel, sports channel TSN and its French equivalent RDS.
CBC STORY: CRTC approves CTV takeover of TSN
Quebecor buys Sun Media and sells four of its local papers to Torstar.
CBC STORY: Quebecor wraps up purchase of Sun
Southam acquires the Financial Post in exchange for four local papers. It would later fold the newspaper into the National Post, using the name for its business section.
CBC STORY: Southam to take over Financial Post
Rogers sells Sun Media to a group of employees.
Rogers Communications acquires Maclean-Hunter and its Maclean’s magazine, Sun Media properties, 21 radio stations, two TV stations and minority stake in CTV.
Conrad Black’s Hollinger buys a 23 per cent interest in the Southam chain from Torstar Corp., becoming the single largest shareholder of Canada’s largest newspaper chain.