Glacier Media buys Castanet assets for $22M
Community news company Glacier Media has purchased online Okanagan news outlet Castanet, Glacier announced in a news release Friday.
Glacier Media bought the digital Okanagan news outlet for $22M, with an additional $2M for Castanet’s Avenue Radio shares.
Castanet has over 50 staff throughout Kelowna, Vernon and Salmon Arm, and has been in the news business for 18 years.
The news company owns newspapers across B.C., Alberta and Saskatchewan, as well as industry-specific publications in real estate, beer brewing and mining. Its largest presence is in the Metro Vancouver and Victoria with publications such as Vancouver Courier, Business in Vancouver, Burnaby Now, North Shore News, Richmond News, Tri-Cities News, and Victoria Times-Colonist. – Glacier Bay, Oak Bay News
On Saturday, the legendary play-by-play man called his last game for Hockey Night in Canada to cap a half-century behind the microphone.
The pre-game show on Sportsnet and CBC began with a montage featuring some of hockey's great moments, with Cole's voice providing the soundtrack.
NHL greats including Wayne Gretzky, Mark Messier and Joe Sakic, currents stars Sidney Crosby, Connor McDavid and Patrick Kane, as well as host Ron MacLean and Cole's former colour man, Harry Neale, all feted the St. John's native. – Joshua Clipperton, The Canadian Press
The television business is regaining popularity with advertisers, chief executive Doug Murphy said Friday after the company's revenue growth beat analyst estimates in the second quarter.
The Toronto-based owner of the Global television network, specialty TV channels such as HGTV Canada, local radio stations and content production studios, said its overall revenue for the quarter totalled $384.1 million.
That was up four percent from $369.5 million in the same quarter last year and above the Thomson Reuters Eikon estimate of $373.8 million. – The Canadian Press
John Clark, a three-decade broadcaster in western Canada and musician, died March 27 at age 67, from cancer. He started in broadcasting in 1970 at CHNL Kamloops before moving to CKXL in 1974 and to C-JAY in the ’80’s. He later worked part-time reading news at QR 77, and was heard for awhile on Penticton’s Magic FM.
On his Linkedin profile Clark said he had spent more than three decades in broadcasting, voicing many commercials, radio documentaries, plays, tv commercials, industrial videos, etc. Clients were pleased with his warm, deep, and authoritative voice for narrations, his soft, sensual approach to soft-sell commercials, and his friendly, ‘guy-next-door’ for medium sell. – Source: Puget Sound Radio