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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]
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.
Corus Entertainment, Inc. (often simply known as Corus) is a Canadian mass media, television production, and distribution company. The company was founded in 1987 as Shaw Radio, Ltd. as a subsidiary of Shaw Communications and was spun-off from Shaw in 1999. It has prominent holdings in the radio, publishing, and television industries.
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If you want to know who really controls Corus Entertainment Inc. (TSE:CJR.B), then you'll have to look at the makeup...
[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 ...
Canwest ultimately went bankrupt in 2010, selling the bulk of its broadcast properties including Global BC to Corus sibling company Shaw Communications, which in turn transferred them to Corus in 2016. In February 2001, Corus Entertainment launched an all-news sister station, NW2.