UPDATE: Shaw locks up Bell Media channels in five-year deal

CALGARY - Shaw Communications said Wednesday that it has reached a “long term” distribution agreement with Bell Media for its 30 Canadian programming services that include favourites such as TSN, RDS, and Discovery Channel. Financial terms and the length of the agreement were not disclosed, but Shaw executives noted the deal was a five-year term during its quarterly conference call with financial analysts on October 20. "We are pleased that we have been successful in reaching a comprehensive, market-based deal with Bell that balances our competitive need to provide our customers with choice and packaging flexibility while ensuring that customers continue...