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CTVglobemedia sells SexTV and Drive-In Classics to Corus Entertainment in US$40 million transaction

Fasken
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Overview

Client

CTVglobemedia

On November 30, 2009, following regulatory approval by the CRTC, CTVglobemedia completed the sale of digital specialty channels SexTV and Drive-In Classics to Corus Entertainment for $40 million. CTVglobemedia was advised in this transaction by an in-house team led by Andre Serero, Kevin Assaff and David Bross, and by Fasken Martineau with a team led by Roxanne McCormick and including Sean Stevens and Jessica Catton (corporate/securities and M&A).

Team

  • Roxanne E. McCormick, Counsel, Toronto, ON, +1 416 865 4407, rmccormick@fasken.com
  • Sean S. Stevens, Partner | Co-Leader, Capital Markets and Mergers & Acquisitions (CM and M&A), Toronto, ON, +1 416 868 3352, sstevens@fasken.com