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CHUM Limited is a publicly traded media company based in Toronto, Ontario , Canada . It currently holds full or joint control of two Canadian television systems — Citytv and A-Channel (incorporating the defunct NewNet network) — comprising 11 local stations, as well as one CBC affiliate and 21 branded Specialty Television Channels , most notably MuchMusic and its various spinoffs. In addition, CHUM controls 33 Radio Station s across Canada. CHUM began in 1945 with a single AM radio station in Toronto. In 1954 it was purchased by Allan Waters , and today several of his children stand on the board of directors of the company. In 1967 Waters founded CHUM Limited to control his growing number of media properties. Although CHUM's radio holdings tend to retain traditional formats, their television stations reflect the avant garde philosophy of former senior executive Moses Znaimer , who turned his hip, local style of television broadcasting into an image as perhaps Canada's most flamboyantly visible media titan in the 1980s and 1990s. (Znaimer retired from active management at CHUM in 2003, although he continues to work on projects with the company.) CHUM Limited's headquarters are located at 299 Queen Street West in Toronto, the famous CHUM-City Building . On December 1 , 2004 , CHUM purchased Craig Media Inc. , which owned five local TV stations, mainly in the Prairies , and three Digital specialty services, for $ 265 million. The transaction, announced by CHUM on April 12 of that year, was approved by the Canadian Radio-television And Telecommunications Commission on November 19 , allowing CHUM to integrate Craig's A-Channel stations into Citytv the following year. Due to competition concerns, CHUM sold Craig's CKXT (known as "Toronto 1") to TVA and Sun Media , in exchange for $ 46 million in cash and Sun's 29.9% share in the Toronto news service CablePulse24 , which is now wholly owned by CHUM, effective December 2 . CORPORATE GOVERNANCE Current members of the , Lawrence Lamb , John Mattenley , Fred Sherratt , Robert Sutherland , Jay Switzer , Catherine Tait , James Waters (chairman), Marjorie Waters , and Ron Waters . Allan Waters retired from the board on Friday, October 29, 2005. {Link without Title} RADIO STATIONS In November , 2004 , CHUM and Astral Media filed an application with the Canadian Radio-television And Telecommunications Commission for a Satellite Radio service in Canada. That application and two others were approved by the CRTC on June 16 , 2005 ; official launch dates for the services have not yet been announced. TELEVISION STATIONS Local stations
Analog specialty cable channels Digital specialty cable channels
Co-owned
International joint ventures
TELEVISION CHANNELS USING CHUM TRADEMARKS OR FORMATS Active
Inactive SEE ALSO EXTERNAL LINKS |
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