A8 - The Terrace Standard, Wednesday, June 2, 1999 OKANAGAN SKEENA Group, owner of 33 westem television and radio stations including local’ CFTK and Skeena Cablevison, sold out Last Tuesday to radio giant Telemedia Communications for $90 million. The takeover makes Montreal-based Telemedia the country’s largest holder of radio licences, Michael Kaye, senior vice-president of OSG said Telemedia’s $9-a-share bid was approved by 95 per cent of the company’s three classes of share- holders, Kaye said few changes and staff cuts are expected since the deal is a Out & About New tourist brochure ‘THE-TERRACE Tourism ~ Conncil’s Girst official travel guide hit the shelves last week to help visitors and lo- cals find things to do in the surrounding arca, The 32-page information booklet, which is free, lists countless ways visitors can spend time — from wander- ing around the farmers’ market to fishing for steel- head with a local outfitter. Maria McGowan, tourism coordinator, said she created the guide to promote the Terrace and the Northwest. It was financed entirely by its advertising. 7 “*We want people to know.. we're a nice place that has it all — adventure and unique shopping downtown,’’ McGowan said. In liew of mailing out pamphlets and photocopies of accommodation lists to information seekers, the guide wil! now be the main publication for all requests from around the world. ““We wanted to make Ter- race look professional,’’ McGowan said, The slick, glossy, digest- size bookiet is small enough for tourists to carry around with them or fit into their vehicle glove box. It’s going to be sent to all information centres in B.C., local hotels and B,C, parks. Visitors up THE NUMBER of visitors to Terrace so far is up over last year. Stats through to April in- dicate tourists visiting the Tourism Infocetitre bere are up at least 20 per cent from the same period in 1998. “We're off to a strong slart,”’ said Terrace Tourism Council coordinator Maria McGowan, ‘‘We’re getting a lot of Americans and Ca- nadians travelting.’* She attributes the increase in Americans bere to the strong U.S. dollar, | And more Canadians are touring their own couniry because it’s too expensive for them to travel in the United States, she sald. “Also out aggressive marketing is paying off hopefully,” McGowan said. Busingss Review elemedia buys OSG for $90 M _ TERRACE STANDARD. = Back in business KALUM TIRE Service Ltd. is getting ready to open their doors again after record snowfall this past winter caused the roof to collapse. The service bay collapsed under the weight of the snow and after a long rebuilding process it’s almost time to open up shop again. strategic acquisition for Telemedia. Recent regulation changes from the “Jt is using OSG as a platform io Canadian Radio-television — and further its hold on operations out Telecommunications Commission al- here,’’ Kaye said. low companies, like Telemedia, to Excluding the newly-acquired OSG hold muitiple licences in a given Stations, Telemedia owns 17 radio li- market. ; censes, most of which are in Ontario Telemedia has been a private com- aid Quebec, pany since 1997, It is also a leading magazine pub- The company was founded in 1970 lisher owning such publications as TV by Phillipe de Gaspe Beaubien, Expo Guide Canada, Canadian Living and 67’s director of operations. Homemakers. It’s the second major change for The acquisition of OSG gives OSG in the past year, which earlier Telemedia a key foothold in the west, saw OSG and rival broadcaster Nomet further consolidating its hold in the essentially merge under the name radio-television industry. 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