The shareholders of Corus, excluding the votes of certain interested parties, approved the Acquisition at a special meeting of shareholders held on March 9, 2016. That pool is narrowed further still by stringent competition regulations that prevent companies from holding too large of a market share. Doug Murphy acknowledged changes to the market climate for television, and stated that the company would have a larger focus on automated and "microtargeted" advertising sales going forward (in particular, using artificial intelligence to analyze information from set-top boxes to determine the best advertising strategies).[48][49][50]. [25] On January 13, 2011, competing broadcaster Astral Media announced that they would seek legal action to stop the sale of these stations to Cogeco, citing the fact that it would own more stations than Astral in the Montreal market, making the competition unfair. Covering and supporting university, college and community sports in Western Canada,5. The proceeds of the Offering will be payable to Shaw and will be used for general corporate purposes, which may include the repayment of outstanding indebtedness. Expanding Global News Live, a growing online platform, to provide greater focus on grassroots digital content,4. Corus Entertainment Inc. (stylized as corus.) [24] The sale of the Corus Québec stations was approved by the CRTC on December 17, 2010, on the condition that Cogeco-owned CJEC-FM and Corus-owned CFEL-FM and CKOY-FM be sold to another party by December 2011. Corus will not receive any proceeds of, and Shaw will pay all expenses and fees associated with, the Offering. [2][42], Although referred to by Corus as an acquisition, the transaction was officially a reorganization of the assets of JR Shaw, since both companies already shared effective control via Shaw and his family. Gary Maavara will oversee all aspects of Corus’ legal matters, regulatory affairs and government relations. The app encompasses the TV Everywhere streaming of programming from the networks for their subscribers, as well as free ad-supported streaming of selected programs from the networks without a television subscription. “We’re grateful to Shaw for providing this critical lifeline to protect and support local news. The company’s portfolio of multimedia offerings encompasses 45 specialty television services, 39 radio stations, 15 conventional television stations, a global content business, digital assets, live events, children’s book publishing, animation software, technology and media services. These forward-looking statements may include, among other things, our objectives, goals, strategies, intentions, plans, estimates and outlook, including advertising, distribution, merchandise and subscription revenues, operating costs and tariffs, taxes and fees, and can generally be identified by the use of the words such as “believe”, “anticipate”, “expect”, “intend”, “plan”, “will”, “may” and other similar expressions.
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