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CTV closing station in Brandon, Man. Add to ...

The lights will go out tonight at CKX-TV in Brandon, Man. CTV Inc. told employees last night that it will close the station after an investor group backed out of a deal to purchase it for $1. In July, Bluepoint Investment Corp. said it would pick up the station, which has been losing money and which CTV put on the chopping block earlier this year. But Bluepoint pulled out late yesterday, citing an inability to get the channel to satellite viewers. "Bottom line, they didn't think there was a sustainable business without satellite coverage, which they cannot get," CTV chief executive officer Ivan Fecan said in an internal memo. "Brandon, like many of our smaller stations, is not carried by satellite companies, who say they don't have room for all of Canada's local TV stations, while finding plenty of room for foreign channels." CKX has 39 employees and will go dark after tonight's supper-hour newscast. Staff

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