CALGARY – Shaw Communications will take full ownership of Canwest Global on Wednesday, the company announced this afternoon, just after the CRTC said it approved of the transaction.
"We are pleased with the comprehensive and expeditious review of the transaction conducted by the CRTC. We felt that we had a constructive and positive dialogue with the CRTC, and other interested parties, with respect to the transaction’s impact on the Canadian broadcasting industry,” said CEO and vice-chair Jim Shaw, in a release.
“We look forward to strengthening the Industry going forward through innovation, technology enhancements, additional investment, and a commitment to…
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CALGARY – As has been expected, Brad Shaw, the younger brother of CEO Jim, has been appointed chief executive officer of Shaw Communications, effective January 13, 2011. After 12 years as CEO, Jim has decided to step down and recommended Brad as his successor, the company reported this morning.
The younger Shaw fils has been taking on more of a public profile for the last 12 months or so, appearing at a number of industry events, even leading the Shaw team through much of the Shaw-Canwest purchase hearing in front of the CRTC in September.
(We even speculated, correctly as it…
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GATINEAU – Barring any unforeseen circumstances, Shaw Communications will soon own Canwest Global’s TV properties as the final regulatory hurdle was cleared this afternoon.
The CRTC today approved Shaw’s acquisition of the conventional television stations and specialty channels controlled by Canwest Global Communications.
“We are satisfied that this transaction will generate substantial benefits for the Canadian broadcasting system,” said Konrad von Finckenstein chairman of the CRTC, in the press release.
“Shaw will provide the television properties involved in the transaction with stable ownership as they emerge from a period of uncertainty. The broadcasting system also stands to gain from Shaw’s commitment to…
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CALGARY – Consolidated service revenue at Shaw Communications for the fourth quarter and full fiscal 2010 year of $939 million and $3.72 billion was up 8% and 10%, respectively, over the comparable periods last year.
This will be the last full fiscal year as a pure carrier company and under CEO Jim Shaw, as the company will close its purchase of Canwest Global on October 27th and Jim’s brother Brad is slated to take the CEO’s seat January 13th.
Total service operating income before amortization of $423 million and $1.76 billion, respectively, improved 7% and 14% over the same periods. Excluding…
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TORONTO – Silver Screen Classics and Movieola-The Short Film Channel have been added to the Shaw Cable lineup, reports Channel Zero, the two channels’ parent company.
“Silver Screen Classics offers the best in westerns, musicals, comedies and gritty film noirs,” noted said Cal Millar, president of Channel Zero “and all of it without commercial interruption.”
Movieola features the very best in action, drama and comedy short film, from Academy Award and global film festival winners to cult favourites. “Short form content is a fast growing and in demand programming category in today’s quick-paced society,” said Jennifer Chen, director of programming for…
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GATINEAU – The CRTC decision on the purchase of Canwest Global Communications’ TV assets by Shaw Communications will be announced tomorrow at 4 p.m., a Commission spokesperson told Cartt.ca.
Watch the Commission’s web site or Cartt.ca when the news breaks.
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CALGARY – Newly rebranded Bite TV has been added to the Shaw digital cable channel line-up, Bite owner Glassbox Television announced today.
The comedy-focused channel will be in a free preview to the end of November along with The Pet Network, Movieola and Silver Screen Classics.
www.bite.ca www.shaw.ca
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TORONTO – Shaw Cable has added The Pet Network to its channel line-up today – in a free preview until the end of November.
The move will make the digital specialty network, which offers programming for animal lovers, available for the first time to viewers throughout Western Canada.
“We are pleased to have the channel affiliated with our partners at Shaw, and delighted that many more Canadians will now have the opportunity to enjoy The Pet Network,” said Martha Fusca, president and CEO of Stornoway Communications, which operates The Pet Network and its sister stations ichannel and bpm:tv.
As Shaw inches closer…
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OTTAWA – "We successfully overcame many challenges and managed to come out of the year stronger, more focused and more financially sound than we were at the outset," said CBC/Radio-Canada board chairman Tim Casgrain in kicking off the Corp’s second Annual Public Meeting held Wednesday morning in Ottawa.
Canadians from across the country participated via live webcast as Casgrain, president and CEO Hubert Lacroix, and VP and CFO Suzanne Morris reviewed the highlights of 2009–2010, provided an overview of the next year and took some questions.
Lacroix focused on the myriad changes in the media industry globally – and locally as…
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GATINEAU – Atop Broadband received a Class 1 Broadcast Distribution Undertaking license from the CRTC today to serve the Greater Toronto Area.
Under its license the company can serve Ajax, Aurora, Bolton, Brampton, Caledon, East Gwillimbury, Etobicoke, Georgetown, King City, Markham, Milton, Mississauga, Newmarket, Nobleton, Oakville, Orangeville, Oshawa, Pickering, Richmond Hill, Scarborough, Toronto, and Vaughan (Kleinberg, Maple and Woodbridge).
The company is owned by Robert Socci, president of Atop Communications, and according to the proceeding’s documents, it appears it will be an over-the-top video provider that will provide its own set-top box using its customers’ existing cable DOCSIS or telco…
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