CTVglobemedia - formerly known as Bell Globemedia - owns Canada's oldest and largest private broadcast television network, CTV Television Network, which includes 21 owned and operated stations.
The company's other television assets include secondary stations in Ontario and British Columbia, an educational television channel in Alberta, cable-only channels in Atlantic Canada and various cable television specialty channels.
CTVglobemedia is also Canada's fourth largest radio broadcaster, owning 35 radio stations under its CHUM Radio Network division. In addition, the company owns THE GLOBE AND MAIL - Canada's largest national newspaper - as well as several television production studios and websites.
Baton Broadcasting Inc, predecessor of CTVglobemedia, was formed in 1960. By 1987, the company expanded to acquire CTV holdings across Canada. In 1997, Baton Broadcasting Inc gained full control of CTV shares, known as CTV Inc.
In early 2000, Bell Canada Enterprises acquired CTV Inc and bought The Globe and Mail from Thomson Corporation. The resulting company was named Bell Globemedia Inc. In January 2007, after Bell Canada Enterprise reduced its ownership in the company, it was renamed CTVglobemedia. In 2011, the CRTC approved Bell Canada's acquisition of CTVglobemedia for $1.3-billion after BCE agreed to provide a benefits package to include $245 million for the Canadian broadcasting system, of which more than $140 million would be allocated to new Canadian television and radio programming. The acquisition marks the combining of Canada's largest communications company with its largest broadcaster, opening the door to an integration of services that will benefit both."