With Shaw Media sold, Shaw Communications emerges as “pure-play connectivity company”

CALGARY – The sale of Shaw Media to Corus Entertainment will enable parent Shaw Communications to double down on being a pure-play connectivity provider, the Calgary-based communications giant said Friday."For the shareholders and customers of Shaw, this is a significant milestone that positions Shaw as a leading pure-play connectivity company with an attractive growth profile, while allowing Shaw to participate in the upside potential resulting from the combination of Shaw Media and Corus," said Shaw CEO Brad Shaw, in a company news release. "Shaw will focus on delivering superior broadband communications to our consumer and business customers by investing and...