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    TTP Media seeks international investors for AM radio stations

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    Stéphane Dumas


    Messages : 14431
    Date d'inscription : 07/07/2012

    TTP Media seeks international investors for AM radio stations Empty TTP Media seeks international investors for AM radio stations

    Message par Stéphane Dumas Dim 22 Sep - 12:21

    https://blog.fagstein.com/2019/09/20/ttp-media-investments/


    It’s been nine years since a pair of local businessmen came onto the scene and declared they wanted to change how commercial radio works in this city with an $81-million bid for Corus radio stations in Quebec that were being sold to Cogeco. Eight years since, with a third partner, they got a licence for a station on the clear channel of 940 AM. Seven years since they got a second licence for 600 AM. Three years since the first station went on the air. Two years since the second station joined it.
    For all that time, we’ve been waiting for something to happen. Waiting for the Bell-Astral deal to conclude, in case they had to sell one of their stations (the transaction closed in 2013). Waiting for TTP Media to solve various technical problems with their transmission site. Waiting for them to build a studio and hire talent. Waiting for the launch of regular programming, that has been promised “soon” for three years.
    As it stands, the French station, CFNV 940, has spoken word programming through an agreement with online radio station CNV. CFQR 600, the English station (no relation to the old CFQR-FM at 92.5), is still running an automated music playlist. It’s been a while since we’ve heard from the owners.
    But a few weeks ago, Nicolas Tétrault, one of the three partners, posted a video on LinkedIn apparently seeking foreign investment in the stations.

      La date/heure actuelle est Mar 16 Avr - 11:03