Cable / Telecom News

BREAKING NEWS: Shaw says it will buy CTV stations up for closure

CALGARY – In a full page ad which is slated to run in tomorrow’s Globe and Mail, Shaw Communications says it believes over-the-air television has a bright future and it will purchase three stations CTV says it wants to close because it could not find a buyer for them, even for a buck. The ad, (click here to see it) signed by CEO Jim Shaw, warns Canadians their broadcasters are seeking a bailout worth hundreds of millions of dollars. “They call this Fee for Carriage. Without mincing words, this is a tax. It is a direct tax on you and...