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Shaw was founded in 1966 by JR Shaw as Capital Cable Television Company, Ltd. in Edmonton, Alberta. [6] It was originally a subsidiary of Shawcor, JR's father's firm, but the business was split from Shawcor in the 1970s. [7] [8] The company changed its name to Shaw Cablesystems Ltd. (after founder and chairman JR Shaw) and went public on the TSX in
At the time, the company had a market capitalization of about $3 billion. The company eventually decided not to sell, causing to share price to fall 15%. [7] In 2013, it eliminated its dual class share structure, under which the Shaw family controlled the majority of voting shares. [8]
On January 13, 2016, Corus Entertainment announced that it would acquire Shaw Media for $2.65 billion, with Shaw Communications taking a 39% share of Corus stock. The division consisted primarily of the broadcasting assets of the former Canwest , including the over-the-air Global Television Network and 19 other specialty channels, such as Food ...
The Toronto Stock Exchange's S&P/TSX composite index ended up 56.90 points, or 0.2%, at 24,846.20, its highest closing level since Jan. 9. ... The sector was down 1.8% as the price of oil settled ...
BCE Inc. is a component of the S&P/TSX 60 and is listed on the ... With Shaw Communications ... Nortel's share price collapsed with the dot-com crash of 2000 and ...
The Toronto Stock Exchange's S&P/TSX composite index ended down 136.41 points, or 0.5%, at 25,274.30, its lowest closing level since Nov. 20. For the week, the TSX was down 1.6%, after posting ...
Shaw Media, Inc. was the television broadcasting division of Shaw Communications. It owned the Global Television Network , which broadcasts nationally via 13 television stations, as well as 19 specialty channels including Slice , HGTV Canada , Showcase , Food Network Canada , and History .
The producer price index released a day earlier on January 14 reported a modest 0.3% increase in wholesale prices in December, rising 3.3% year over year, up from 3% in November.