Radio / Television News

SHAW/CANWEST: Shaw adds to benefits package. Not enough for some. Way too much for others

CALGARY – While it’s still falls below the norm, Shaw Communications today dramatically increased the amount of money it plans to spend on tangible benefits once its acquisition of Canwest Global is approved.Company executives appeared before the CRTC Thursday morning in Calgary in their final oral reply to the week’s interveners and announced $72 million had been added to the company’s original package of benefits proposed coming into the hearing.When broadcasting companies change hands, the Commission normally requires that 10% of the purchase value (in this case $2.047 billion) be set aside to spend on projects that are deemed in...