Monday, April 19, 2010

Corus seeks buyer for CKRS 98.3 FM radio station in Saguenay, Que.


Corus Quebec is looking for a quick sale of CKRS 98.3, its FM radio station in Saguenay, Que. Corus informed the station's employees on Monday, about a year after CKRS was switched to playing oldies music from a talk format. Corus vice-president Mario Cecchini informed the station's employees of the planned sale said the company wants to find a buyer quickly. The station has been part of Corus for five years since it was part of an exchange of several stations in Quebec with Astral Media.
Both Astral and Corus Entertainment Inc. have said in recent financial reports that their radio divisions are continuing to suffer from a drop in advertising, while their TV operations have picked up.

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