TORONTO – CTV issued a terse press release this afternoon to announce that Shaw Communications will not purchase the broadcaster’s stations in Brandon, Man., Wingham and Windsor, Ont. after all.
In a newspaper ad on April 30, Shaw offered to buy the three stations from CTV after hearing the broadcaster tell the CRTC and the Standing Committee on Canadian Heritage that they couldn’t find anyone to buy the, not even for a buck.
Shaw called CTV on it, saying it would take the stations off their hands for a loonie each. CTV then called what has now proved to…
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CALGARY – The global economic downturn hasn’t seemed to have taken much of a bite out of Shaw Communications.
The company today announced its third quarter results which showed healthy, near across the board growth in most metrics.
Consolidated service revenue for the three and nine month periods (ending May 31st) of $861 million and $2.52 billion, respectively, was up 9% and 10% over the same periods last year. Service operating income before amortization of $395 million and $1.14 billion, respectively, improved 11% and 10% over the comparable periods. Funds flow from operations increased to $356 million and $1…
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TORONTO – Moody’s Investors Service has rated Shaw Communication’s senior unsecured component of $2.5 billion multiple seniority shelf registration Baa3, while the preferred share component was rated Ba1.
The shelf registration was filed on March 11, 2009.
Moody’s also affirmed Shaw’s existing Baa3 senior unsecured rating along with its ‘stable’ outlook.
www.moodys.com www.shaw.ca
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CALGARY – Shaw surpassed its million dollar goal for Canadian athletes last weekend with its second nation-wide auction called ‘Making It Happen’.
Combined with the funds earned at the first auction held last November, Shaw raised a total of $1.06 million, earmarked to go directly to Canada’s high-performance athletes through the Canadian Athletes Now Fund.
"We want to say a sincere thank-you to all of our viewers and Canadians across the country who participated in the Making it Happen auction," said president Peter Bissonnette, in the press release. "Our athletes work hard to represent Canada at international competitions and at…
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CALGARY – Shaw Communications has extended its partnership with the Western Hockey League (WHL) through the 2013/14 hockey season.
Shaw aired live coverage as the local broadcaster of all 56 games in the 2009 season from 21 cities and towns across Western Canada, and said that more than 2.5 million Shaw Cable and Shaw Direct customers tuned in over the regular season.
"As a family run company Shaw understands the importance of staying connected to our communities and to local events," said Shaw president Peter Bissonnette, in the announcement. "Our coverage of the 2009 WHL season drew more than…
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CALGARY – Shaw is staging a second nation-wide auction in support of the Canadian Athletes Now fund and Canadian athletes.
The ‘Making it Happen’ auction will be held on June 7 from 12:00 – 8:00 pm PST, and will be broadcast live on Shaw TV and Shaw Direct. An integrated online auction component will run simultaneously to allow for bids from the web.
"Our goal is to help raise $1 million for Canadian athletes by the end of the year,” said Shaw president Peter Bissonnette, in the press release. “Shaw will match up to $500,000 dollars. When our athletes…
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CALGARY – Shaw Communications announced its subscriber figures for the last two months, and re-confirmed its financial guidance for fiscal 2009.
Basic cable subscribers grew 7,053 to reach 2.28 million, while the company added 74,833 digital cable customers for a total of 1.15 million by April 30, 2009. Shaw also reported 1.64 million Internet customers and 758,155 digital phone lines.
It’s direct to home satellite subsidiary Shaw Direct (formerly Star Choice) lost just over 2,000 customers in that same time period, bringing its total to 894,573.
"Cable subscriber results exceed the two month customer figures from a year ago and it is clear…
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CALGARY and TORONTO – Shaw Communications and Corus Entertainment are teaming up to provide the largest offering of 3D TV in Canada, coming this summer.
Shaw’s video-on-demand and Corus’ Movie Central will roll out a range of on-going 3D content ranging from box office feature films, family programming and sports to concert events and specials.
"We are convinced that 3D is the next big breakthrough for enhancing the in-home entertainment experience, and we are committed to developing the content and advancing the technology to support this," said Jim Shaw, CEO and vice chair, in the press release. "With the recent success of…
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TORONTO – On Monday afternoon, CTV received a letter from Shaw Communications asking to see the package of due diligence information it has prepared on CHWI-TV Windsor, CKNX-TV Wingham and CKX-TV Brandon.
Readers will recall that last week, in a newspaper ad, Shaw Communications offered to buy the three TV stations (two Ontario A-Channel stations and one CBC affiliate in Brandon) for a dollar each – the sum for which CTV CEO Ivan Fecan previously said he could not find a buyer.
About two hours after hearing of the offer from the Cartt.ca story about the ad last…
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CALGARY – Shaw customers who are fans of the Star Trek series can now catch the more than 600 episodes in newly re-mastered high definition on the cable company’s video-on-demand (VOD) platform.
The original series debuted on VOD on May 1st, one week prior to the release of Star Trek the movie, which will hit theatres across the country on May 7. Each of the cult classic sci-fi series will roll out approximately every two weeks through July, and will be available for six months.
"Shaw is going where no one has gone before," said president Peter Bissonnette, in a company press…
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