SAN JOSE, Calif. – TiVo Corporation announced Monday that Shaw Communications has entered into a multi-year extension of its agreement for TiVo’s i-Guide and its intellectual property (IP) license.
It also expanded its Rovi patent portfolio IP license to also cover the TiVo patent portfolio.
“Extending our agreement with Shaw Communications underscores the benefits of TiVo’s advanced interactive program guide (IPG) and demonstrates the value of our IP and technology,” said Matt Milne, chief revenue officer, TiVo. “With these offerings, Shaw Communications can continue to deliver captivating entertainment discovery experiences to its customers.”
Within the expanded scope of this long-term deal,…
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CALGARY – A surge of over 62,000 new wireless customers helped to propel third quarter revenues and profits at Shaw Communications, the company said Thursday.
For the three month period ended May 31, 2019, consolidated revenue increased by 2.7% to $1.32 billion year-over-year, and operating income before restructuring costs and amortization dipped 1.5% to $530 million. Excluding adjustments related to a $13 million retroactive roaming benefit in the third quarter of fiscal 2018 and a $15 million payment to address intellectual property (IP) licensing matters this quarter, consolidated operating income before restructuring costs and amortization increased 3.8% to $545 million.
Net income…
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MVNOs won't work in Canada
TORONTO – Shaw Communications’ Paul McAleese co-founded and ran a successful MVNO in the United States for a dozen years before coming back to Canada to head up Freedom Mobile.
While he’s still a satisfied investor in i-wireless, which runs the mobile offering of the Kroger chain of grocery stores, he said comparing that company and the U.S. wireless market in general to Canada’s is a mug’s game. First, the American market is just so much bigger, where MVNOs can carve out a living with low margins there thanks to American market scale in a way…
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Independent broadcasters want their HD added to satellite services
MONTREAL — The licence renewal applications of Bell and Shaw’s satellite TV distribution services prompted 156 replies, the vast majority of which were comments from individuals upset Shaw Communications plans to discontinue a free basic TV service it set up for people who lost access to over-the-air stations during the digital transition.
The Local Television Satellite Solution was promised and provided by Shaw in 2010 as a tangible benefit during its acquisition of CanWest’s television assets, including Global TV. The company proposed spending $15 million to send free…
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CALGARY – Shaw Communications is selling off its stake in Corus Entertainment in a deal valued at approximately $548 million.
The transaction sees Shaw divest its 80.63 million class B non-voting participating Corus shares for $6.80 per share through a secondary offering. That’s about 16% lower than Tuesday’s close on the Toronto Stock Exchange.
Shaw said that it will use the proceeds for general corporate purposes, which may include the repayment of outstanding debt, and that Corus will not receive any money from the sale.
Following the closing of the deal, which is expected on May 31st, Shaw will no longer hold…
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MONTREAL – Stingray’s arts and culture TV service Stingray Festival 4K is stocking a slate of new live concerts after inking a three year global licensing deal with music distribution company Northstar Media.
The shows will include concerts by artists such as Shawn Mendes, Imagine Dragons, Playboi Carti, Beth Hart and Rae Sremmurd, with the first titles airing in July.
Billed as the only arts and culture television channel dedicated to live performances in 4K UHD, Stingray Festival 4K also airs music festivals, theatre productions, circuses, DJ sets, as well as ballet and opera performances.
“We are thrilled to expand our live show catalog…
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CALGARY – Shaw Communications has expanded its broadband network to B.C.’s Bowen Island, one of the 23 local authorities that comprise Metro Vancouver.
Working with the Bowen Island Municipality, Shaw began expanding its broadband network to the island in September 2017 with the installation of a high-capacity submarine fibre optic cable from West Vancouver. Shaw teams completed network installation earlier this month and are now ready to roll out the company’s residential products and services across the entire island.
“Connectivity is the fuel that powers our daily lives, and as a trailblazer of broadband in Western Canada, we understand how important…
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CALGARY – Despite adding fewer wireless customers than this time last year, Shaw Communications saw second quarter profits return to the black.
For the three month period ended February 28, 2019, the company posted net income of $155 million up from the $175 million net loss posted in the same period last year. Consolidated revenue dipped 1.0% to $1.32 billion year-over-year, and operating income before restructuring costs and amortization increased 13.7% to $549 million due to continued growth in its Wireline and Wireless segments.
Shaw said Tuesday that it added approximately 47,800 net Wireless revenue generating units (RGUs) in the quarter, consisting of 64,700 postpaid additions and…
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CALGARY – Shaw Communications CEO Brad Shaw today affirmed his company’s stance against the federal government’s and CRTC’s desire to see new, non facilities-based wireless competition in Canada.
In February, as readers will recall, the CRTC launched a new review into the wireless market and noted its view was to mandate mobile virtual network operators (MVNOs – or third party carriers who lease space on incumbent networks) to operate in Canada since few have launched under the existing regs. Those who would like to launch an MVNO in Canada have said the wholesale rates proposed by…
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New branding reflects a "digital-first, connectivity company"
CALGARY – Shaw Communications is helping customers to manage all aspects of their home WiFi network through new technology known as Shaw BlueCurve.
Available only with the BlueCurve Gateway modem, the Shaw BlueCurve Home app promises total control of the home WiFi, including the ability to control network access, create user profiles, monitor usage, and block content to one device while maintaining connectivity to another.
Thursday’s announcement said that both new and existing customers with the Shaw BlueCurve Gateway modem can download the Shaw BlueCurve Home app for iOS (10.0 or later) and Android (5…
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