Rogers Acquires Saskatchewan Communications Network, Plans to Launch New Channel

Posted by Techvibes Newsdesk on 2012-01-17 3:20:00 PM

Rogers acquired broadcaster Saskatchewan Communications Network for an undisclosed amount today. The telco plans to use SCN's television station to launch a new Citytv channel in Saskatchewan. SCN staff will remain intact and in Regina, Rogers says.

“Acquiring SCN was motivated by our desire to expand our national reach for Citytv content, allowing us to more effectively compete with other national broadcasters,” Scott Moore of Rogers said. “Rogers Media will provide ownership stability and financial resources needed to maintain and grow this service for Saskatchewan residents.”

Rogers intends to upgrade traffic equipment and establish a high-definition signal for the new Citytv channel. Commercial-free educational programming will air until 3pm each day, when standard Citytv content such as Modern Family and Canada's Got Talent will take over.

In 2007, Rogers paid $375 million to buy five Citytv stations from CTV, located in Toronto, Vancouver, Calgary, Edmonton, and Winnipeg. According to the Financial Post, SCN was previously owned by Bluepoint Investment, a private holding company in Toronto, which bought the station from the Saskatchewan government in 2009 for $700,000.

Company:
Rogers Communications
Website:
http://www.rogers.com
Location:
Toronto, Ontario, Canada

We are a diversified Canadian communications and media company. We are engaged in wireless voice and data communications services through Wireless, Canada's largest wireless provider and the operator of the country's only national Global System for Mobile Communications ("GSM") based network. Through Cable we are one of Canada's largest providers of cable television services as well as high-speed Internet access... more


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Techvibes Newsdesk

Techvibes Newsdesk

Techvibes is Canada's leading technology media property. Originally founded in 2002, Techvibes is dedicated to covering social, mobile, and startup news that impacts Canadians. Our editors and nationwide network of reporters combine breaking hyperlocal news with international coverage to deliver a unique balance of insight and information. The Techvibes Newsdesk covers a broad beat and... more



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