Cable / Telecom News

Corus/Shaw Media: Interveners want a public hearing, safeguards and a benefits payout

GATINEAU – Many of the 40 companies and individuals who filed interventions in response to the CRTC’s call for comments on the proposed $2.65 billion purchase of Shaw Media Inc. by Corus Entertainment say at the very least the CRTC should hold a public hearing on it - while some said that the sheer size of the deal and the increased concentration of media under one roof means the Commission must apply its tangible benefits policy, too.The Commission’s tangible benefits policy usually calls for 10% of the value of any TV broadcasting transaction where control changes hands to be set...