CP24 - History

History

The channel was licensed by the Canadian Radio-television and Telecommunications Commission (CRTC) in 1996 as Pulse 24, and launched on March 30, 1998 as CablePulse 24 (CP24), under the ownership of CHUM Limited and minority partner Sun Media, owner of the Toronto Sun daily newspaper. The network was named as an extension of CITY-TV's newscasts, which were then known as CityPulse.

On December 1, 2004 CHUM Limited acquired the remaining interest in CP24 (giving it 100% of its shares), when the Sun's owners sold their 29.9% share in CP24 after acquiring its independent broadcast station Toronto 1 (now Sun News Network), the same day that CHUM Limited took control of Craig Media and its assets.

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