CHUM Limited Details, Meaning CHUM Limited Article and Explanation Guide

CHUM Limited Guide, Meaning , Facts, Information and Description

CHUM Limited is a publicly traded media corporation based in Toronto, Ontario, Canada. It currently has control over eight independent television stations, and 18 branded specialty television channels. In addition, CHUM controls 30 radio stations across Canada.

Although CHUM's radio holdings tend to retain traditional formats, their television stations reflect the avant garde philosophy of former senior executive Moses Znaimer, who turned his hip, local style of television broadcasting into an image as perhaps Canada's most flamboyantly visible media titan in the 1980s and 1990s. (Znaimer retired from active management at CHUM in 2003, although he continues to work on projects with the company.)

CHUM Limited's headquarters are located at 299 Queen St. W. in Toronto, the famous CHUM-City Building.

On April 12, 2004, CHUM announced a deal, subject to Canadian Radio-television and Telecommunications Commission approval, to purchase Craig Media Inc for $265 million. The deal will see CHUM take control of Craig's three A-Channel stations (CKAL in Calgary, Alberta, CKEM in Edmonton, Alberta, and CHMI in Winnipeg, Manitoba), CBC-affiliate CKX in Brandon, Manitoba, and the digital specialty channels MTV Canada, MTV2 and TV Land. Because CHUM owns CITY in Toronto and CKVR in Barrie, it was announced on August 20 that Craig's Toronto One will in turn be sold to TVA and Sun Media.