Tuesday, June 30, 2009

Canwest selling TV stations in Montreal, Hamilton

Money-troubled Canwest Global Communications Corp. says it is selling two conventional television stations in Montreal and Hamilton to an affiliate of Channel Zero Inc., an independent Canadian television broadcaster. Financial terms of the deal to sell CHCH-TV in Hamilton and CJNT-TV in Montreal were not disclosed.

A privately held Toronto-based company, Channel Zero's operations include digital cable channels Movieola, Silver Screen Classics and adult entertainment channels AOV Adult Movie Channel, XXX Action Clips Channel and Maleflixxx Television.

Channel Zero said CHCH will broadcast an all-news format during the day with movies in the evening, while CJNT will broadcast original foreign movies and multicultural music videos.

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