UPDATE: CTV happy to sell station trio for three bucks

TORONTO – About two hours after having been informed by Cartt.ca that an offer to buy three troubled TV stations was coming from Shaw Communications, CTV said it will accept the $3 offer. An exclusive story broken by Cartt.ca this afternoon revealed that Shaw Communications was placing a full page newspaper ad in tomorrow and Saturday’s Globe and Mail, as well as The Hill Times on Monday morning. The ad, signed by CEO Jim Shaw, warns Canadians their broadcasters are seeking a bailout worth hundreds of millions of dollars. “They call this Fee for Carriage. Without mincing words, this is a...