Complex sentence: Standard Broadcasting acquired Telemedia in 2002, bringing CJAD and CKTS under common ownership, and Standard sold CKTS to Corus Entertainment in January 2005.
Split into simpler sentences: Standard Broadcasting acquired Telemedia in 2002, bringing CJAD and CKTS under common ownership. However, Standard soon sold CKTS to Corus Entertainment in January 2005.