GlassBOX Acquires Specialty Channel from CTV

TORONTO: CTV is selling the specialty lifestyle network travel + escape to GlassBOX Television for an undisclosed sum.

GlassBOX is awaiting regulatory approval from CRTC for the acquisition of the Category 1 travel and leisure. Raja Khanna, the company’s co-CEO, said the purchase is a "natural next step in our company’s development and a great fit with our growing suite of service."

GMP Securities was engaged to finance the acquisition. GlassBOX Television currently operates BITE TV and the 24 hour music service AUX. The company recently appointed former CHUM chief Jay Switzer as its board director.

The channel travel + escape features shows such as Anthony Bourdain: No Reservations, Planet Luxury and Samantha Brown: Passport to China.