Wonder what this does
to the local broadcasting lobbying battle (i.e. the picking my pocket to enrich Canwest and CTV shareholders)?
The company that owns Shaw Cable and the StarChoice satellite TV service has arranged to buy a controlling stake in Canwest Global Communications Corp.
In addition to the Global television network and several specialty cable channels, Winnipeg-based Canwest also owns the largest chain of newspapers in Canada.
But Shaw Communications Corp. president Peter Bissonnette confirmed Friday that the company's bid does not include the print assets, which are held under a separate corporate entity, Canwest LP.
All of which raises a lot of other interesting questions.