Bell Media in Canada is selling 45 of its 103 radio stations across several provinces, citing radio as “no longer viable.” Parent company BCE Inc. plans a nine percent workforce reduction, affecting 4,800 positions, with undisclosed impact on Bell Media. Stations will be sold to seven buyers. Bell aims to shift focus to digital growth areas. Layoffs are attributed to regulatory challenges, with prior cuts blamed on CRTC regulations. Recent layoffs also affect television operations, with CTV newscasts ending in several markets. Bell hopes to provoke policy discussions supporting investment and employment amid industry challenges. Approval from the CRTC is needed for station sales.
