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CHUM Limited

From Wikipedia, the free encyclopedia

CHUM Limited
Type of Company Subsidiary of Bell Globemedia held in trust
Founded Toronto, Ontario (1945)
Headquarters Toronto, Ontario
Key people Jay Switzer, president and co-CEO
Industry Media
Products Media, Broadcasting
Revenue image:green up.png US$140 million (fiscal 2005)
Employees 1500 (Q2 2006)
Owner John McKellar, in trust for Bell Globemedia
Website Chum Limited Official Homepage

CHUM Limited is a 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, one provincial educational channel, and 20 branded specialty television channels, most notably MuchMusic and its various spinoffs. In addition, CHUM controls 33 radio stations across Canada.

In July 2006, CHUM announced it was to be taken over by Bell Globemedia, owner of the CTV network, pending regulatory approval. The takeover was completed on October 30. [1] Regulatory decisions regarding the takeover are not expected until mid-2007 at the earliest; in the interim CHUM has been placed in a blind trust under lawyer John McKellar. [2]

Contents

[edit] History

CHUM-City Building, the headquarters of CHUM Limited.
Enlarge
CHUM-City Building, the headquarters of CHUM Limited.

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. 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 is one of several sources (alongside CanWest's CH and Global TV) providing syndicated programming to independently-owned CBC and CTV affiliates.

[edit] Proposed merger with Bell Globemedia

On July 12, 2006, CHUM announced it had agreed to a planned take over by Bell Globemedia (hereafter abbreviated "BGM"), in a transaction valuing CHUM at $1.7 billion CAD. The takeover requires CRTC and Competition Bureau approval.

Few details are known about BGM's specific plans for the company, likely to remain the case until the transaction goes before the CRTC for approval. What is known is as follows:

  • BGM intends to retain Citytv as a separate, youth-oriented system with its current lineup of stations, potentially with the addition of the CTV-owned Atlantic Satellite Network, which airs Citytv programming in Atlantic Canada. The acquisition of Citytv would require an exemption from the CRTC's ownership policy (one station per market per language per owner - Public Notice CRTC 1999-97 at 17), which has never been officially revoked, even though both CHUM (with Citytv and A-Channel/Access) and CanWest (with Global and CH) have secured exemptions in many large markets. Even so, such large-market exemptions have almost never applied to stations licensed to the same city.
  • The company insists that the Citytv stations' news operations will remain separate from those of CTV, although, as noted below, most Citytv newscasts outside Toronto have already been cancelled ahead of the merger.
  • The A-Channel stations and the Access educational channel in Alberta are currently slated for sale; otherwise BGM would have owned three over-the-air stations in several markets. CKX-TV has not been slated for sale, although it is unclear what role this station, a CBC affiliate, will play in the combined company.
  • BGM plans to keep all the specialty channel and radio assets, which it views as "complementary" to its existing properties. This would give BGM ownership (in whole or part) of nearly 40 specialty channels. The only hurdles in terms of direct competition may be the merged company's ownership of two all-news channels, CTV Newsnet and Toronto's CP24, as well as both MuchMusic and MTV Canada. BGM may argue that MTV is not a direct competitor to MuchMusic, much as the previous MTV Canada (now Razer) was found not to be competing with MuchMusic following the CHUM/Craig merger. If no sale is required, the branding of one or both services might be changed, depending on the nature of BGM's current relationship with MTV Networks. It is rumoured that MTV Canada and MuchMusic might be merged into one channel, or that MTV Canada might be allowed to broadcast music videos if it is owned by the same people as MuchMusic.[citation needed]

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.

[edit] Corporate governance

Current members of the board of directors of CHUM Limited are: Gordon Craig, 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.[1]

[edit] Radio stations

City Call Sign Frequency Format
Brockville CJPT FM 103.7 "Bob FM" Adult Hits
CFJR FM 104.9 "JR FM" adult contemporary
Edmonton CHBN FM 91.7 "The Bounce" Rhythmic Top 40 (Co-owned with Milestone Radio)
Halifax CJCH AM 920 oldies
CIOO FM 100.1 "C100" CHR
Kingston CKLC AM 1380 oldies
CFLY FM 98.3 "FLY-FM" CHR
Kawartha Lakes CKLY FM 91.9 "Bob FM" Adult Hits
London CHST FM 102.3 "Bob FM" Adult Hits
Montreal CKGM AM 990 "The Team 990" sports
Ottawa CFRA AM 580 news/talk
CFGO AM 1200 "The Team 1200" sports
CKKL FM 93.9 "Bob FM" Adult Hits
CJMJ FM 100.3 "Majic 100" adult contemporary
Peterborough CKPT AM 1420 "1420 Memories" oldies
CKQM FM 105.1 "Country 105"
Toronto CHUM AM 1050 "1050 CHUM" oldies
CHUM-FM FM 104.5 "CHUM-FM" hot adult contemporary
Vancouver CKST AM 1040 "The Team 1040" sports
CFUN AM 1410 news/talk
CHQM FM 103.5 "QMFM" adult contemporary
Victoria CFAX AM 1070 news/talk
CHBE FM 107.3 "Kool FM" hot adult contemporary
Waterloo CKKW AM 1090 "Oldies 1090"
CFCA FM 105.3 "Kool FM" hot adult contemporary
Windsor CKWW AM 580 "580 Memories" oldies
CKLW AM 800 news/talk
CIMX FM 88.7 "89X" modern rock
CIDR FM 93.9 "939 The River" Rock
Winnipeg CFRW AM 1290 oldies
CHIQ FM 94.3 "Q94 FM" Hot Adult Contemporary
CFWM FM 99.9 "Bob FM" Adult Hits

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 have already launched, there is no word on when, or even if, the CHUM service will launch.

[edit] Television stations

[edit] Local stations

[edit] Analogue specialty cable channels

[edit] Digital specialty cable channels

[edit] Co-owned

[edit] International joint ventures

[edit] Television channels using CHUM trademarks or formats

[edit] Active

[edit] Inactive

[edit] See also

[edit] Footnotes

  1. ^ CHUM press release, October 30, 2006
  2. ^ CHUM trustee to take on starring role in takeover, Grant Robertson and Beppi Crosariol, The Globe and Mail, August 2, 2006; copy of article hosted by Friends of Canadian Broadcasting

[edit] External links

CHUM Limited

Television Assets: Citytv | A-Channel | Access media group | CKX-TV | Access Television | BookTelevision | Bravo! | CablePulse 24 | Canadian Learning Television | CourtTV Canada | Drive-In Classics | FashionTelevisionChannel | MuchMusic | MuchMoreMusic | MuchVibe | MuchLOUD | MuchMoreRetro | MusiquePlus | MusiMax | PunchMuch | Razer | SexTV: The Channel | SPACE: The Imagination Station | Star! | TV Land (Canada)
Radio Assets: CFAX | CFCA | CFGO | CFJR | CFLY | CFRA | CFRW | CFUN | CFWM | CHBN | CHBE | CHIQ | CHQM | CHST | CHUM | CHUM-FM | CIDR | CIMX | CIOO | CJCH | CJMJ | CJPT | CKGM | CKKL | CKKW | CKLC | CKLW | CKLY | CKPT | CKQM | CKST | CKWW

Coordinates: 43.649701° N 79.390233° W

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