Stingray to acquire CHUP-FM from CRTC.

Stingray, a global audio and video streaming and distribution company, agreed to acquire CHUP-FM, a radio station, from CRTC, a federal agency focused on telecommunications and broadcasting issues. Financial terms are not disclosed. “We are excited to expand our presence in the vibrant Calgary market. C97.7 has built a strong connection with listeners and the community, and we are committed to continuing the fantastic legacy that the Rawlco Radio team started. This acquisition is a natural complement to our existing Calgary stations, strengthening our portfolio of high-quality radio stations and reinforcing our commitment to providing the best in local radio to audiences and businesses across Canada,” Steve Jones, Stingray President.