Evanov Radio Group Inc.
Montréal and Hudson/Saint-Lazare, Quebec
Application by Evanov Radio Group Inc.
(Evanov Radio) for authority to acquire from Dufferin Communications Inc. (Dufferin), as part of an intra-corporate reorganization, the assets of the French-language commercial AM radio station CHRF Montréal; the assets of the English-language commercial FM radio station CHSV-FM Hudson/Saint-Lazare; and the assets of the ethnic commercial AM radio station CFMB Montréal.
The applicant is also requesting new broadcasting licences in order to continue the operation of the undertakings under the same terms and conditions as those in effect under the current licences.
Evanov Radio is solely owned by Evanov Communications Inc., which in turn is controlled by Mr. William V. Evanov.
The applicant did not propose a tangible benefits package on the basis that the proposed transaction would not result in a change of effective control.
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Dufferin Communications Inc.
Application by Dufferin Communications Inc.
(Dufferin) for authority to acquire from 1486781 Ontario Limited (the vendor) the assets of the English-language specialty (Christian music) radio programming undertaking CFWC-FM Brantford, Ontario. The vendor is solely owned by Sound of Faith Broadcasting, which in turn is controlled by its board of directors.
The applicant is also requesting a new broadcasting licence to continue the operation of the undertaking under the same terms and conditions as those in effect under the current licence.
Dufferin is solely owned by Evanov Communications Inc., which in turn is controlled by Mr. William V. Evanov.
Pursuant to the Purchase and Sale Agreement, the applicant will purchase the assets of the undertaking for $500,000.
The applicant has requested to be exempted from the requirement to pay tangible benefits, stating that CFWC-FM is not profitable and is incapable of generating advertising revenue, and that certain investments will be needed to make the station financially viable.
Following the closing of the transaction, Dufferin will become the licensee CFWC-FM.
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The company has ambition and plans to grow both in terms of the geographical areas and the types of markets it wants to serve.
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