The CRTC decision on the sale of CHUM to CTVglobemedia came down this morning. I can only imagine the impersonation of headless chickens being done by management at both companies.
CTV wanted to buy CHUM Radio, the five Citytv stations and all of CHUM's specialty channels, and spin off A-Channel to Rogers Broadcasting. The CRTC, whose decisions can rarely be predicted and often defy logic, is saying "Okay, you can have radio and you can have A-Channel, but you can't have the City stations."
From what I can see so far, that sends us back to the position of wondering wtf will happen to us. Logic would dictate that CTV would keep us (A-Channel) and let Rogers have Citytv, assuming Rogers wants it. But who knows? Again, logic rarely works in these situations.
Of course, on a totally personal level, it has me wondering again about my own future. Rogers guaranteed our jobs until the take-over was completed (probably 18 months to two years) and beyond, because they were planning to implement more local programming. Time for another polish job on the old resumé, I guess.
Man, this business of broadcasting has been eternally jinxed by that old Chinese wish, "May you live in interesting times".
Yo, Milky: You might not be getting rid of me from the building after all. Hah!