DAILY NEWS Jul 26, 2002 2:29 PM - 0 comments

CBC buys 100% of digi-net Country Canada

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2002-07-26
TORONTO - The CBC announced this week that it will purchase Corus Entertainment's 70% ownership stake in the digital category one specialty service, Country Canada.

The CBC currently owns 30% of the channel, currently available to approximately 340,000 Canadian homes. The agreement is subject to the approval of the Canadian Radio-television and Telecommunications Commission (CRTC).

Other terms of the deal were not disclosed.

"The Country Canada channel is part of CBC's regional strategy, and full ownership of the channel will provide us with the opportunity to enhance the service and continue to serve Canadians with a digital television service that has a strong regional focus," said CBC president and CEO Robert Rabinovitch.

Country Canada explores and celebrates rural Canada, providing a window on the vast landscape beyond Canada's urban centres.
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