Hurley’s Media announced this week that it has bought Cayman 27 from Logic, and government regulators signed off on the deal on Friday to finalize the sale.
The television station adds a new dimension to Hurley’s Media, part of Hurley’s Entertainment, which also owns Z99FM and Rooster 101.9FM. The new owners say they plan to keep the existing local programming.
Randy Merren, managing director for Hurley’s Entertainment, said in an interview with the Cayman Compass that he plans to take the three broadcast stations and “roll them all under one umbrella” in a new campus at Camana Bay once the building is complete.
“Television and radio broadcasts are an obvious synergy. Hurley’s radio stations and CITN’s products are well-established and trusted in the community,” Mr. Merren said. The station quoted him as saying, “This partnership is something I have been working on for quite some time, as I believe together we can serve the Cayman community by providing news and entertainment across numerous platforms.”
The station’s 31 remaining employees will all be able to continue with the new company or take a severance package from Logic. Mr. Merren told the Compass he believes all the employees will stay with the station.
While work wraps up at the new Camana Bay studios, Mr. Merren said, Cayman 27 employees will move to Regatta Office Park. He said local news will not air Tuesday or Wednesday this week while the staff relocates.
Cayman 27 has broadcast from Logic’s Television Centre for more than 20 years. Logic bought the station last year as part of the deal to acquire WestStar.
The future permanent home will be at 18 Forum Lane in Camana Bay. Mr. Merren told Cayman 27 that “being located at Camana Bay’s Town Centre will give us greater interaction with our audiences, while providing an exciting backdrop for our programs.”
The Information and Communications Technology Authority approved the new license on Friday, granting the new company access to the same channels and frequencies.
The five-year license requires that the station air four hours of public content a day, including two hours that has not been broadcast before, between 6 a.m. and 9 p.m. “Public content” includes news, arts and culture and local educational programming. The station will also have to give four one-hour slots per week for free for community broadcasts.