
TV station in Lloydminster shuts down permanently
Stingray media’s only conventional television properties, CITL/CKSA TV were officially shut down Tuesday.
In a press release on the company’s website, Stingray said the Lloydminster, Alta based TV media outlet has operated under ‘increasingly challenging economic conditions, which have greatly deteriorated over the last six years.’
The release went on to say, “During that time, viewership has substantially decreased, and revenues have dropped by more than half. Despite cost-containment strategies, the expense of producing local television in a market the size of Lloydminster has resulted in significant losses, making the continued operation of the Lloydminster TV stations unsustainable.”
Stingray said contributions from programs like the ILNF, Distant and DTH 4+1 Signal have reduced, and while there has been promise of more support for conventional television through ILNF with the Online Streaming Act, to date, it has been minimal.