Cable / Telecom News

Shaw’s three-dollar purchase takes a step forward; ‘casters worry story will derail hearings’ focus

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 Thursday afternoon,...