Canada’s Bell Media: Radio ‘Not A Viable Business Anymore’ – Radio Ink ...Middle East

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Canada’s Bell Media: Radio ‘Not A Viable Business Anymore’ – Radio Ink
Canada’s Bell Media has announced it is selling 45 of its 103 radio stations across British Columbia, Ontario, Quebec, and Atlantic Canada, “because it’s not a viable business anymore.” The sales come as Bell’s parent company BCE Inc. prepares to lay off nine percent of its workforce. The layoffs translate to 4,800 positions, with an undisclosed portion impacting Bell Media directly. In an internal communique, Bell Media President Sean Cohan announced plans to sell the 45 signals to seven buyers: Vista Radio, Whiteoaks, Durham Radio, My Broadcasting Corp., ZoomerMedia, Arsenal Media, and Maritime Broadcasting. Bell Chief Legal and Regulatory Officer Robert Malcolmson told the Canadian P

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