Divestiture • Media

Rogers Communications Acquires Channel M

On July 6, 2007, Rogers Communications acquired media company Channel M from Multivan Broadcast

Acquisition Context
  • This is Rogers Communications’ 1st transaction in the Media sector.
  • This is Rogers Communications’ 3rd transaction in Canada.
  • This is Rogers Communications’ 1st transaction in British Columbia.

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M&A Deal Summary

Date July 6, 2007
Target Channel M
Sector Media
Buyer(s) Rogers Communications
Sellers(s) Multivan Broadcast
Deal Type Divestiture

Target Company

Channel M

Vancouver, British Columbia, Canada
Channel M is an over-the-air television station broadcasting to three million Vancouver extended market viewers on cable channel 8, Express Vu channel 254 and on Vancouver Island/Sunshine Coast on cable channel 10. The locally-owned station features newscasts in Cantonese, Mandarin and Punjabi, as well as public affairs, lifestyles and entertainment programming in more than 20 different languages and 65 hours a week of top-rated English language programming.
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Buyer Overview 1

Buyer

Rogers Communications

Toronto, Ontario, Canada

Category Company
Founded 1960
Sector Communications
Employees24,000
Revenue 20.6B CAD (2024)
DESCRIPTION

Rogers Communications is a diversified canadian communications and media company. It is a provider of wireless voice and data communications services and one of Canada's providers of cable television, high speed Internet and telephony services. Rogers Communications was founded in 1960 and is based in Toronto, Ontario.


Deal Context for Buyer #
Overall 3 of 16
Sector: Media 1 of 5
Type: Divestiture 1 of 4
State: British Columbia 1 of 1
Country: Canada 3 of 16
Year: 2007 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-25 Futureway Communications

Richmond Hill, Ontario, Canada

Futureway Communications, Inc. is a provider of telecommunications and high-speed Internet services operating in and around Greater Toronto Area.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-28 CTVglobemedia - Television Stations

Scarborough, Ontario, Canada

CTVglobemedia Inc. - Television Stations includes Citytv Toronto (CITY-TV), Citytv Winnipeg (CHMI-TV), Citytv Edmonton (CKEM-TV), Citytv Calgary (CKAL-TV) and Citytv Vancouver (CKVU-TV).

Buy -

Seller Profile 1

SELLER

Multivan Broadcast

United States

Category Company
Sector Media
DESCRIPTION

Multivan Broadcast Corp. is an owns and operator of television channels.


Deal Context for Seller #
Overall 1 of 1
Sector: Media 1 of 1
Type: Divestiture 1 of 1
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2007 1 of 1