Astral Media has just been bought by Bell for over 3 billion dollars


News has just broken that Bell has bought outright the entire assets of Astral media. This means that the popular News Talk 1010 is now owned by Bell. Definitely showing that convergence is not dead in Canada. It will be interesting to see how this will play out in the media landscape and if Rogers or Telus will make any moves on the media front in Canada.

Read more:

http://www.newswire.ca/en/story/938567/astral-enters-into-definitive-agreement-for-acquisition-by-bell

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