Station Sale September 18/07
It was announced this morning that CHKO AM 740, has been sold.
AM 740 has been purchased by MZ Media Incorporated, the operators of radio station CFMZ-FM Classical 96.3 in Toronto.
MZ Media Incorporated is headed by legendary Canadian broadcaster Moses Znaimer, who purchased CFMZ - formerly CFMX-FM -- last year. Znaimer was the co-founder of CITY TV, and later, in partnership with CHUM Limited, was responsible for the success of such CHUM Television properties as Cable Pulse 24, Much Music, and Bravo.
Michael Caine, president and general manager of AM 740 Radio says Moses Znaimer is one of the most respected broadcasters in Canadian history, and says he's pleased that Znaimer will carry the station forward, and make it bigger and better than ever for the 50-plus listener. AM 740 is the number one 50-plus radio station in Canada with one of the largest listening areas on the continent.
The sale is subject to approval by the Canadian Radio, Television and Telecommunications Commission.
(Source: Brian Smith via ODXA)