The company that owns Castanet.net, a Kelowna website, wants to purchase Juice FM for $650,000.
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June 30, 2017 - 10:30 AM
KELOWNA – A deal has been reached by the company who owns Castanet.net to buy a Kelowna radio station.
Avenue Radio Ltd. wants to purchase CJUI-FM - JuiceFm - for $650,000, and pending approval from the CRTC, hopes to be up and running as Castanet FM by the fall.
Avenue Radio Ltd. owner Nick Frost says in an email if approved, the format will include “a lot more news and local content than currently exists on Kelowna stations.”
“It just seems a natural thing for Castanet to be doing.”
Frost will apply for a new broadcasting licence once a Sept. 7 public hearing in Ottawa is concluded.
“We don't expect opposition from anybody really,” Frost says. “Though one never knows.”
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News from © iNFOnews, 2017