Rogers Acquires 50 Per cent of CTV Specialty Business

Rogers Broadcasting Ltd. acquired 50 per cent of CTV Specialty Television Inc.’s mobile production and distribution business previously operated through its subsidiary, Dome Productions Inc. The deal closed on January 1, 2004, and its value is confidential. The transaction resulted in the formation of Dome Productions Partnership, which is owned equally by Rogers and CTV Specialty, and which will offer full-service mobile production and distribution services to a variety of Canadian, American and international clients ranging from broadcasters to sports television networks, episodic television producers and business television clients. The partnership intends to invest in and operate high definition television production equipment.

Rogers was represented by in-house counsel Michael Webber; and by Carl De Vuono and James Stranges of Lang Michener LLP. CTV Specialty was represented by in-house counsel André Serero and Kevin Assaff; and by Peter Hong and Christian Gauthier of Davies Ward Phillips & Vineberg LLP.