Latest NewsCRTC approves sale of 101.5 The Hawk to Acadia Broadcasting

CRTC approves sale of 101.5 The Hawk to Acadia Broadcasting

The CRTC has approved Acadia Broadcasting Limited’s purchase of CIGO-FM Port Hawkesbury, NS from MacEachern Broadcasting Limited.

Acadia filed an application with the CRTC to acquire 101.5 The Hawk in January.

“It’s an exciting time for our company. We are extremely pleased to announce CIGO will soon be a member of the Acadia group of stations. CIGO’s approach to local programming and community focus aligns well with Acadia’s mission, vision and culture. We look forward to working with the strong team at CIGO in the coming weeks and months,” Chris Pearson, president, Acadia Broadcasting, said in a press release. “Listeners in Inverness, Richmond, Antigonish and Guysborough Counties can expect a continued commitment to high-quality local news and programming.”

The transaction is valued at $1,363,700, including $81,822 in tangible benefits.

CIGO was first established in 1975 as 1410 CIGO AM, before converting to 101.5 on the FM band in April 2000. It has been owned by Robert and Brenda MacEachern since 1993.

With the addition of CIGO-FM, Acadia will own and operate 15 stations across
New Brunswick, Nova Scotia and Ontario.

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Connie Thiessen
Connie Thiessenhttps://broadcastdialogue.com
Connie has worked coast-to-coast as a reporter, editor, anchor and host at CKNW and News 1130 in Vancouver, News 95.7 and CBC in Halifax, and CFCW Edmonton, among other stations. With a passion for music, film and community service, she led News 95.7 to a 2013 Atlantic Journalism Award and regional RTDNA award for Best Radio Newscast. More recently, she was nominated for Music Journalist of the Year at Canadian Music Week 2019. To report a typo or error please email - corrections@broadcastdialogue.com

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