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After Canwest filed for bankruptcy, the company's assets were acquired by Shaw Communications via the Shaw Media subsidiary. [11] Shaw Media was subsumed by Corus in 2016; [12] both companies had already been principally controlled by JR Shaw and his family, with Corus originally established as a spin-off from Shaw in 1999. [13]
Corus owns the animation studio Nelvana, and children's publisher Kids Can Press. The second incarnation of Shaw's media division—formed from the properties of the bankrupt Canwest Global—was subsumed by Corus on April 1, 2016, giving it control of the over-the-air Global network and 19 additional specialty channels. In May 2019, Shaw ...
In the company's third-quarter earnings call, it was announced that Corus expects to have chopped its full-time workforce by 25%, or nearly 800 jobs, by the end of this summer. Indeed, by the end ...
[3] [4] On April 1, 2016, the broadcasting assets were subsumed into Corus Entertainment, an existing broadcasting firm also owned by the Shaw family. [ 5 ] [ 6 ] Following the sale of assets, the company was renamed 2737469 Canada Inc. , ceased to carry on business, and commenced bankruptcy proceedings under the Bankruptcy and Insolvency Act ...
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This is a list of assets owned by Corus Entertainment, a Canadian multimedia broadcasting company. Approximately 80% of the voting control in Corus is held by the family of JR Shaw. The same family also owned about 80% of the voting rights in Shaw Communications, for a list of former Shaw assets, see list of assets owned by Shaw Communications.
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