CTV and CHUM and CBC

WELL, CBC.CA is moving a CP story about the CTV/CHUM takeover which I've alluded to this week.

Tomorrow at 11am the decision gets handed down and I suppose CTV will probably have 30 days to come back with another deal.

OTTAWA (CP) - The federal broadcast regulator will hand down its verdict on CTVglobemedia's $1.4 billion purchase of CHUM Ltd. on Friday amid expectations that Canada's largest private TV network will be forced to sell some or all of five Citytv stations, a key element of the deal.

Sources have told The Canadian Press that the Canadian Radio-television and Telecommunications Commission will make the selloff of at least some of the stations a condition for approving the takeover of CHUM. The Toronto broadcaster has an extensive network of radio and television stations, including six A-Channels and 21 specialty channels.

"CTVglobemedia isn't going to like this decision," one source said, on condition of anonymity.

In any case, it means more uncertainty in an industry with an awful lot of it already.