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Chum Limited




  Company Logo
  Company Type Defunct / Subsidiary of CTVglobemedia
  Country
  Foundation Toronto, Ontario ( 1945 )
  Key People Jay Switzer , President and CEO
  Location Toronto, Ontario
  Num Employees 1500 ( Q2 2006 )
  Industry Media
  Products Media , Broadcasting
  Revenue US$ 140 million


''This article is about the history of the CHUM Limited's former assets, for the current ownership see CTVglobemedia .''

CHUM Limited was a media company based in Toronto , Ontario , Canada from 1945-2007. Immediately prior to its acquisition, it held full or joint control of two Canadian television systems — Citytv and A-Channel (incorporating NewNet ) — comprising 11 local stations, and one CBC Television (Canadian Broadcasting Corporation) affiliate, one provincial educational channel, and 20 branded Specialty Television Channels , most notably MuchMusic and its various spinoffs. In addition, CHUM controlled 33 Radio Station s across Canada. At various points in its history, CHUM owned other radio stations and ATV / Atlantic Satellite Network in Atlantic Canada .

In July 2006, CHUM announced it was to be taken over by Bell Globemedia (now renamed CTVglobemedia ), owner of the CTV Television Network . Regulatory approval was conditional on the sale of CHUM's five Citytv stations to Rogers Communications . While the latter transaction is still pending (Citytv remains in a blind trust), CTVglobemedia took control of CHUM's other assets effective June 22, 2007. CHUM continues as a subsidiary of CTVgm. Its Toronto radio stations 1050 CHUM and CHUM-FM and the CHUM-City Building still carry the CHUM name. However, it is no longer a broadcasting company separate from its new parent.


HISTORY


, the headquarters of CHUM Television. It is currently referred to as the MuchMusic World Headquarters, to avoid references to CHUM and Citytv after the CTVglobemedia takeover.]]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 reflected 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, and continued to work on projects with the company.)

CHUM Limited's headquarters were 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. While Craig's three largest stations were integrated into Citytv, Craig's Toronto station CKXT-TV (then branded "Toronto 1", now "Sun TV") was sold to Quebecor .

In addition to its own stations, CHUM was one of several sources (alongside CanWest 's CH and Global TV ) providing syndicated programming to independently-owned CBC and CTV affiliates.


Acquisition by CTVglobemedia


On (CRTC), which held a public hearing beginning April 30, 2007 in Gatineau .[http://www.crtc.gc.ca/archive/ENG/Hearings/2007/n2007-3.htm#1
Broadcasting Notice of Public Hearing CRTC 2007-3], CRTC, March 1, 2007

CTVgm's takeover bid was completed on October 30, although CHUM was immediately in a '', August 2, 2006; copy of article hosted by Friends Of Canadian Broadcasting

Few details are known about CTV's specific plans for the company following approval. What is known is as follows:


Immediately following the announcement, CHUM separately announced 281 layoffs, primarily at its local stations in western Canada; local newscasts (other than ''Breakfast Television'' and the Noon News in Calgary and Edmonton) at all Citytv stations in the region were immediately pulled. CHUM claims the layoffs were part of an ongoing process to streamline its operations and not directly related to the takeover.

On June 8 , 2007 , the CRTC approved the CTV takeover of CHUM. However, the CRTC made the deal conditional on CTV divesting itself of Citytv rather than A-Channel. This consequently voided the Rogers deal; on June 11 , 2007 , Rogers announced that it has agreed to buy the Citytv stations. CTV said it would keep all other assets, except CHUM's interest in MusiquePlus / MusiMax , and potentially CKX-TV and CLT . On June 22, 2007, CTVglobemedia announced that the CHUM transaction was completed and it was officially the sole owner of CHUM Limited, nearly a year after it announced its intention to purchase the company.


CORPORATE GOVERNANCE

The last , 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 Subscription Radio service in Canada. That application, along with two Satellite Radio services, were approved by the CRTC on June 16 , 2005 . While the two satellite services launched soon after the decision, CHUM did not implement its service, the authority for which expired on June 16, 2007 (two years after licensing).


TELEVISION STATIONS


Local stations



Analogue specialty cable channels



Digital specialty cable channels



Co-owned



TELEVISION CHANNELS USING CHUM TRADEMARKS OR FORMATS



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Inactive




SEE ALSO