Stingray Radio has entered into an agreement to acquire CHUP-FM, currently branded as Hot AC format C97.7, in Calgary from Rawlco Radio, subject to approval from the CRTC.<\/p>\n
CHUP-FM would join Stingray stations 90.3 AMP Radio (CKMP-FM) and XL 103 (CFXL-FM) in the Calgary market, which are among the 33 radio licenses the company operates in Alberta. It would bring Stingray Radio\u2019s roster of stations to 97 across the country.<\/p>\n
\u201cWe are excited to expand our presence in the vibrant Calgary market,\u201d said Steve Jones, President of Stingray Radio, in a company announcement. \u201cC97.7 has built a strong connection with listeners and the community, and we are committed to continuing the fantastic legacy that the Rawlco Radio team started. This acquisition is a natural complement to our existing Calgary stations, strengthening our portfolio of high-quality radio stations and reinforcing our commitment to providing the best in local radio to audiences and businesses across Canada.\u201d<\/p>\n
The sale would see Rawlco exit Alberta, leaving it with three stations in Saskatoon and three in Regina.<\/p>\n
Financial terms of the transaction have not been disclosed. CRTC approval is anticipated in the second quarter of Fiscal 2027.<\/p>\n
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