CHUM Limited
CHUM Limited was a Canadian media company based in Toronto, Ontario in operation from 1945 to 2007. The company was founded in 1945 as York Broadcasters Limited when it launched CHUM-AM 1050 but was acquired by salesman Allan Waters in 1954. CHUM had expanded to and owned 33 radio stations across Canada under its CHUM Radio Network division (now Bell Media Radio) and also owned other radio stations.The company also operated full or joint control of 15 local television stations under the ATV, Citytv (acquired in 1981) and A-Channel (formerly NewNet, now CTV 2) brands, one CBC Television affiliate, one provincial educational channel, Atlantic Satellite Network in Atlantic Canada, and 20 branded specialty television channels, most notably MuchMusic and its various spin-offs that were launched under Moses Znaimer, the co-founder of CITY-TV, targeting younger audiences.
In July 2006, one year after the death of Waters, CHUM agreed to merge with CTVglobemedia (now Bell Media), owner of the CTV Television Network. The merger was completed on June 22, 2007; regulatory approval was made conditional on the sale of CHUM's five Citytv stations to Rogers Communications. The company itself was renamed CTV Limited (now CTV Inc.) and continues as a subsidiary of Bell Media. Its Toronto radio stations TSN RADIO 1050 and CHUM 104.5 continue to use "CHUM" as their call signs. The headquarters were located at 299 Queen Street West in Toronto, the famous CHUM-City Building, which currently serves as Bell Media's headquarters.
With the sale of CTVglobemedia to Bell Canada as announced in September 2010, Bell took control of most of CHUM's former assets for the first time. CTVglobemedia was subsequently renamed Bell Media on April 1, 2011, after the deal to purchase the stations was finalized and the CHUM name was completely phased out from its new entity, with the exception of radio stations CHUM-AM and CHUM-FM in Toronto. Provided by Wikipedia