CAMPBELL RIVER, B.C. – A few locals banded together with some employees worried about losing their jobs in an attempt to have a vote on the proposed $46 million sale of independent cable co-operative Campbell River TV to Shaw Communications quashed.
The company announced today it will reconvene a meeting on July 29th to attempt to complete the voting process and count the ballots.
As a co-operative, CRTV is required to attain 75% approval for any sale – as well as to change the bylaws of the entity in order to allow for such an ownership change.
However, on…
Continue Reading
CALGARY – Shaw Communications Inc. recorded a profit of $128 million in the third quarter ended May 31, 2008 compared to $92 million for the same quarter last year, according to financial results released Friday.
The income figures included non-operating items, including reductions in enacted income tax rates. Excluding the non-operating items, net income for quarter was $117 million compared to $86 million in the same period last year.
Consolidated service revenue reached $792 million in the quarter, a 3% increase from the same period last year. Total service operating income before amortization was $356 million, up 15% from…
Continue Reading
CAMPBELL RIVER, BC – The board of directors of the Campbell River TV Association (CRTV) announced Monday that they unanimously support Shaw Communications’ offer to purchase the community-owned cableco.
Subsequently, a voting package was sent to all CRTV members, including a voting proxy that can be mailed in or brought to a special meeting on July 2.
The board of directors in a statement said “this has been a difficult decision,” but they “feel that this offer is in the best interest of all CRTV members.”
Cable 10 aired an interview with CRTV President John Kerr on Monday evening…
Continue Reading
OTTAWA – Shaw Communications won’t be carrying a third broadcast feed introduced by the Aboriginal Peoples Television Network (APTN) in October 2006 to better serve western Canada, and this is causing some discrepancies in what’s on the air and the channel’s posted scheduling information.
“APTN has made every reasonable effort to inform cable and satellite providers serving the western provinces of these enhancements and has made numerous requests that they discontinue use of the APTN East signal and instead provide the more appropriate APTN West signal to viewers situated west of the Manitoba/Saskatchewan border,” the broadcaster…
Continue Reading
OTTAWA – The CRTC said today that while many things should change about the Canadian Television Fund, Shaw Communications and Quebecor Media should not be able to opt out of paying into it.
As reported today by Cartt.ca, The Commission today submitted its report on the CTF to the Minister of Canadian Heritage. It contains 11 recommendations relating to the CTF’s mandate and governance structure. (Click here to follow the links to the full background of this story.)
“It is our hope that the recommendations we have put forward will assist in resolving the issues surrounding the CTF,” said…
Continue Reading
CAMPBELL RIVER, B.C. – At their regular monthly meeting held on Monday, the board of directors of cable co-operative Campbell River Television met with representatives of Shaw Cable concerning the big MSO’s continuing interest in the potential acquisition of CRTV.
Shaw Cable announced just last week that it had received the go-ahead by the CRTC to overbuild in CRTV’s cable territory, if it wishes. Such a move would certainly devalue CRTV’s sale prospects.
In a press release to its 13,000 customers/members the board wrote that in “light of the fact of increased competition in Campbell River plus the reality that…
Continue Reading
GATINEAU – The CRTC has told Shaw Communications it may require the communications giant to file monthly reports on how its community channels are not violating the regs.
Twice in the past two years, Shaw Cablesystems community channels have been rebuked by the Commission for showing advertisements on its cable community channels.
In the Broadcast Distribution Regulations , cable companies are not allowed to air traditional ad spots and there are limitations on the types of sponsorship messages, or advertising, community channels can air. The regs also say sponsorship messages can contain only 15 seconds of…
Continue Reading
CALGARY – The feud between one of Canada’s largest cable companies and one of its smallest took another turn Monday when Shaw Communications announced the CRTC had issued an administrative decision allowing the company to extend the authorized service area of its Courtenay B.C. cable system to include the community of Campbell River.
Campbell River is currently served by Campbell River Television, a community-owned cable co-operative with about 13,000 customers.
As Cartt.ca reported, Shaw made an offer to buy the company last fall, but the membership turned it down, so it looks like Shaw is ready to overbuild…
Continue Reading
WHERE IS JIM SHAW? is what CRTC chairman Konrad von Finckenstein wanted to know Wednesday morning when he moseyed into the hearing room in Gatineau and spied the Shaw Communications panel, minus its CEO, facing him.
It’s more than a fair question. The Shaw Communications CEO has lobbed several virtual grenades into Ottawa of late, most notably challenging the existence of the Canadian Television Fund throughout 2007, and then declining to appear at the hearing into the CTF earlier this year – telling a newspaper that since von Finckenstein wasn’t leading that hearing, it amounted to a Commission…
Continue Reading
OTTAWA – CTVglobemedia has penned its own letter to the Prime Minister asking that Stephen Harper not follow the advice of Shaw Communications CEO Jim Shaw and instead let the CRTC hearing into BDU and specialty policy play out.
Last week, as first reported by Cartt.ca, Shaw sent a five-page letter to Prime Minister Harper, expressing alarm over Shaw’s perception of the direction of the hearing that will conclude this week in Gatineau which is examining the re-setting of policies governing broadcast distribution undertakings and specialty services.
“After reviewing Mr. Shaw’s unprecedented letter, we felt compelled to correct several…
Continue Reading
