CHANNEL CANADA

S-VOX purchases OMNI.10 and OMNI.11 from Rogers Media

General News / Rogers Media
Posted by RAD on Nov 06, 2007 - 07:30 PM

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.

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