Radio / Television News

Shaw seals CanWest deal for $2B; Roberston to lead restructured broadcaster


CALGARY – Shaw Communications has bought Canwest Global Communications Corp. for $2 billion, the companies announced early Monday morning.The deal includes 100% of CanWest’s over-the-air and specialty television businesses, including all of the equity interests in CW Investments Co., the CanWest subsidiary that owns the specialty television channels acquired from Alliance Atlantis Communications Inc. in 2007.The Calgary-based cable giant also announced that Paul Robertson will have overall responsibility for CanWest, including the Canadian Television Limited Partnership and the CW Media Group subsidiaries.  Robertson, who was most recently president of Corus Television, will report to Shaw CEO and vice chair Brad...