Corus Entertainment to acquire radio station CIGR-FM from Groupe Génération Rock Inc.



    TORONTO, June 18 /CNW Telbec/ - Corus Entertainment Inc. (TSX:CJR.B;
NYSE:  CJR) announced today that it has reached an agreement with Groupe
Génération Rock Inc. to purchase Sherbrooke radio station CIGR-FM (Génération
Rock). The transaction is subject to approval by the Canadian Radio-television
and Telecommunications Commission (CRTC) and the acquisition price for the
station is approximately $1.1 million Cdn (subject to the customary closing
adjustments).
    "Corus Entertainment is committed to strengthening our radio presence in
Québec," said John Cassaday, President and CEO, Corus Entertainment. "The
addition of Génération Rock is consistent with our growth strategy and will
now offer a companion to our heritage news-talk station."
    "Estrie's listeners will now have a diversified and complete radio
experience with our two Sherbrooke stations, Génération Rock and CHLT-AM, the
latter switching to FM at the end of June," said Jacques Papin, Vice
President, Networks, at Corus Québec. "It's a great addition to our network
which is already very strong in Québec."
    The Groupe Génération Rock Inc. is pleased by Corus' agreement to
purchase their station. "We are proud to conclude this transaction with Corus
Entertainment which will benefit the entire Estrie region," said André Gagné,
who spoke on behalf of his major partners, Jean-Pierre Beaudoin and Michèle
Gagné.

    About Corus Entertainment

    Corus Entertainment Inc. is a Canadian-based media and entertainment
company. Corus is a market leader in specialty television and radio with
additional assets in pay television, advertising and digital audio services,
television broadcasting, children's book publishing and children's animation.
The company's multimedia entertainment brands include YTV, Treehouse, W
Network, Movie Central, Nelvana, Kids Can Press and radio stations including
CKNW, CKOI and Q107. Corus creates engaging branded entertainment experiences
for its audiences across multiple platforms. A publicly traded company, Corus
is listed on the Toronto (CJR.B) and New York (CJR) exchanges. Experience
Corus on the web at www.corusent.com.




For further information:

For further information: Tracy Ewing, Vice President, Communications,
Corus Entertainment Inc., (416) 642-3792; Isabelle Thellen, CASACOM, (514)
286-2145, ext. 232, (514) 588-3685

Organization Profile

CORUS QUEBEC

More on this organization

GENERATION ROCK

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890