ZoomerMedia Announces Acquisition of Remainder of One
22 Março 2011 - 9:30AM
Marketwired
ZoomerMedia Limited (TSX VENTURE: ZUM) is pleased to announce that
it has acquired the remaining 52.78% of the shares of ONE: the
Body, Mind and Spirit Channel Inc. that it did not already own from
the other minority shareholders. ZoomerMedia initially acquired
47.22% of ONE when it acquired Vision TV and its related businesses
on June 28, 2010.
About ZoomerMedia Limited
ZoomerMedia is a multimedia company that serves the 45plus
"Zoomer" demographic through television, radio, magazine, internet
and trade shows. ZoomerMedia's television properties include;
VisionTV, Canada's only multi-faith specialty television service;
ONE: the Body, Mind & Spirit Channel, offering programs on
exercise, meditation, yoga, natural health and living a
planet-friendly lifestyle; Joytv 10 in Vancouver and Joytv 11 in
Winnipeg, two conventional television stations, available over the
air and on cable in their respective markets. ZoomerMedia's radio
properties include CFMZ-FM Toronto - The New Classical 96.3FM,
CFMX-FM Cobourg - The New Classical 103.1FM, Canada's only
commercial classical music radio stations serving the Greater
Toronto Area (GTA) and eastern Ontario, and CFZM-AM 740 Toronto -
The New AM740 Zoomer Radio, the last music service left on the AM
dial in the GTA. ZoomerMedia also publishes Zoomer Magazine, the
largest paid circulation magazine in Canada for the 45plus market.
ZoomerMedia is Canada's leading provider of online content
targeting the 45plus age group through several properties, the key
one being www.50plus.com. ZoomerMedia also has a trade show
division that conducts annual consumer shows directed to the 45plus
age group and owns ideaCity, an annual Canadian conference also
known as 'Canada's Premiere Meeting of the Minds'.
Contacts: ZoomerMedia Limited George Kempff Vice President and
Chief Financial Officer (416) 607-7735 g.kempff@zoomermedia.ca
ZoomerMedia Limited Leanne Wright Vice President Communications
(416) 886-6873 leanne@zoomers.ca
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