Rogers Media has signed an agreement to buy Tillsonburg Broadcasting Company, which owns the radio licences for CJDL-FM and CKOT-FM, which are marketed as Country 107.3 and Easy 101, respectively.
The two brands serve London, Kitchener-Waterloo, Woodstock, St. Thomas and smaller communities in Southwestern Ontario.
Rogers said the deal was expected to close by early 2017, pending approval from the Canadian Radio-television and Telecommunications Commission.
The company’s radio stations in Southwestern Ontario already include CHST-FM (102.3 Jack FM) in London, and CKGL (570 NEWS), CHYM-FM (CHYM 96.7) and CIKZ-FM (Country 106.7) in Kitchener.
Rogers said Carolyn Lamers, part-owner and general manager of CJDL-FM and CKOT-FM, would remain with the stations to assist with the transition of ownership and contribute to future growth.
Telecom giant Rogers currently owns 51 AM and FM radio stations across Canada. It also owns Marketing and MarketingMag.ca.