Craig Media Inc.
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Craig Media Inc. was a Canadian television broadcasting company. Founded in 1948 by John Craig in Brandon, Manitoba, the company began its foray in television broadcasting in 1955 with the launch of CKX-TV.
The company is based in Calgary, Alberta with Drew Craig, the grandson of John Craig, as its CEO. Craig Media is the owner of the A-Channel system; CKX, a CBC affiliate, in Brandon, Manitoba; and three digital television specialty channels: MTV Canada, MTV2 and TV Land Canada.
In January 2004, it was announced that Craig Media's broadcasting assets were up for sale. On April 12, 2004, CHUM Limited announced a deal to purchase Craig Media's broadcasting assets for $265 million. The sale was approved by the Canadian Radio-television and Telecommunications Commission on November 19, 2004, and was completed on December 1 of that year.
As CHUM already owns two stations in the Toronto market, a condition of the purchase was that Toronto One, a previous Craig Media venture, was sold to TVA and Sun Media. This sale was completed on December 2, 2004, for $46 million (CAD) and Sun Media's 29.9% share of the Toronto news channel CablePulse24.
Craig Media continues to own an interest in Skyweb, a subsidiary which offers broadband communications, including digital cable and high-speed Internet services, in Manitoba, British Columbia, California and Hawaii.
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Assets
Local stations
Digital television stations
External links
- Craig Media Inc. (http://www.craigmedia.com/)
- Skyweb (http://www.skyweb.ca/)
- Broadcaster Magazine: CHUM buying Craig, will spin-off Toronto 1 (http://www.broadcastermagazine.com/article.asp?id=29242)