Hamilton’s CHCH-TV declares bankruptcy, cancels news

chch

Hamilton’s CHCH, which was among the first private television stations in Canada, has declared bankruptcy. The 61-year-old CHCH announced Friday afternoon by email to staff that the corporate entity Chanel ll L.P.  was broke. In recent years the station has been known somewhat prophetically it seems as Channel Zero. It was bought by Channel Zero in Toronto in 2009. At that time it was on the verge of going off the air when CanWest Global collapsed. Today’s announcement brought an abrupt halt to all news broadcasts although Channel Zero chair Romen Podzyhun said on air that news broadcasts will resume on Monday. Just what form they will take or what it means for staff in is unclear. Station statement