TORONTO, Nov. 6 /CNW/ - Rogers Media and S-VOX today announced that they
have entered into an agreement under which S-VOX Trust will purchase all of
the assets and undertaking of the CHNU-TV and CIIT-TV stations, operating in
Vancouver, British Columbia and Winnipeg, Manitoba respectively. These two
multi-faith stations, owned by Rogers Broadcasting, a Rogers Media subsidiary,
have been operating under the trademarks OMNI 10 & 11 since 2005. The
transaction is subject to approval from the Canadian Radio-television and
Telecommunications Commission ("CRTC").
"This is a momentous event in our 20-year history as a Canadian
independent broadcaster, said Bill Roberts, President and CEO of S-VOX. "The
addition of these two broadcasting assets will strengthen our existing
businesses and solidify S-VOX's position as an industry leader in the
spirituality, faith and wellness genre."
"We are confident that S-VOX is the appropriate steward for these
television properties moving forward," said Rael Merson, President, Rogers
Broadcasting. "Their expertise and proven track record in delivering quality
faith based and spiritual programming to Canadians makes S-VOX the ideal fit."
The transaction is expected to close in 2008.
About Rogers Media Inc.
Rogers Media Inc., a division of Rogers Communications Inc., operates
Rogers Broadcasting and Rogers Publishing. Rogers Broadcasting has 51 AM and
FM radio stations across Canada. Television properties include 5 Citytv
stations as well as the OMNI multicultural television stations. Rogers
Sportsnet, Canada's live event leader, offers viewers five channels and
Sportsnet HD and the Shopping Channel is a televised and Internet shopping
service. Rogers Publishing produces many well-known consumer magazines such as
Maclean's, Chatelaine, Flare, L'actualité and Canadian Business, and is the
leading publisher of a number of industry, medical and financial publications.
All media properties are integrated with their own popular web sites. Rogers
Media also owns The Toronto Blue Jays Baseball Club and Rogers Centre, a
year-round sports and entertainment facility.
S-VOX (www.s-vox.com) is a diversified multimedia enterprise that offers
high-quality television and digital content for individuals seeking spiritual
awareness and personal growth. S-VOX properties include: VisionTV, Canada's
multi-faith and multicultural television broadcaster, along with the digital
television services One: the Body, Mind & Spirit channel and The Christian
Channel. Other ventures include: Vision TV International, a partnership with
Toronto-based Ellis Entertainment that develops, produces and distributes
original programming for the global marketplace; and Christian Media Sales, a
product marketing and media buying company.
For further information:
For further information: Rogers Media - Andrea Gagliardi, (416)
260-3803, firstname.lastname@example.org; S-VOX - David Todd, (416) 368-3194
ext 207, email@example.com