Shaw closing three community stations; funds to be re-directed to Global News

CALGARY – Shaw Communications announced today that it will close its community cable TV stations in Calgary, Edmonton and Vancouver and redirect $10 million annually that would normally fund those stations to Corus Entertainment’s Global News.Beginning September 1, 2017, Global News will use these new resources to sustain and expand its local journalistm.The CRTC gave vertically integrated companies in large metropolitan centres the option to do this when it re-wrote the rules on funding local programming in 2016. Rogers Communications already has announced it will take advantage of the new regs, directing funds normally for Rogers Television in Toronto to...