Rogers Broadcasting has sold its two stations in the Province of New Brunswick.
Newcap Radio has acquired News/Talk “News 88.9” CHNI Saint John, while Acadia Broadcasting will purchase “News 91.9” CKNI Moncton. Terms of both sales have yet to be disclosed.
Both companies state they plan on petitioning to the CRTC to change the licenses of the stations to allow a format change to a music based format.
Newcap does not own any stations in Saint John, but owns two in Moncton and Fredericton and one in Miramichi, NB. Acadia is new to Moncton, but owns two stations in Saint John and one in St. Stephen, NB.