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Corus Entertainment acquires Shaw Media for $2.65-billion
FerrariEnzo
01-13-2016, 04:04 AM
Corus Entertainment acquires Shaw Media for $2.65-billion - The Globe and Mail (http://www.theglobeandmail.com/report-on-business/corus-acquires-shaw-media-for-265-billion/article28140989/)
"Corus Entertainment Inc. has agreed to pay $2.65-billion to acquire Shaw Media Inc. from Shaw Communications Inc.
The price will be paid through a combination of $1.85-billion in cash and 71 million Corus class B shares at $11.21 per share. Both companies are ultimately controlled by the Shaw family of Alberta, but are separately listed on the Toronto Stock Exchange.
“This is a transformational acquisition that redefines Corus and Canada’s media landscape,” said Doug Murphy, president and chief executive officer of Corus, in a statement."
LOL both the companies are controlled by Shaw...
StylinRed
01-13-2016, 04:33 AM
I knew corus was owned by shaw, so I was like :crazy2: so it's just a restructuring/branding move I guess
white rocket
01-13-2016, 07:38 AM
An interesting redistribution of assets considering they're both under the same umbrella.
pastarocket
01-13-2016, 08:22 AM
I'm thinking that this business transaction would mean that Shaw has even more control over what price that they can charge customers for specialty channels and related channel packages.
I know the CRTC would never allow this to happen, but I'm gonna mention this anyways.
We need more competition in the telecommunications industry in Canada so that the consumer benefits from lower prices and better TV channel packages. :mad:
If Comcast, Verizon, Time Warner Cable, were allowed to enter Canada to sell their TV channel packages, it would force Shaw and other Canadian cable companies to offer a lower price for their TV packages to the consumer.
My aunts, uncles, and cousins pay far less each month for their cable TV packages compared to what I pay. :mad:
Then you'll have the executives from Shaw and other Canadian companies argue "Oh, we cannot compete with the Americans. Let's be patriotic and keep telecommunications/TV in Canadian hands. We'll have to layoff many staff because we cannot make enough profit if we lower our prices in order to compete with U.S. competitors".
Heck, I know many friends who do not have cable TV. They just have Netflix in order to save money.
:lawl:
Mr.HappySilp
01-13-2016, 08:46 AM
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
The_AK
01-13-2016, 09:00 AM
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
:heckno:
willystyle
01-13-2016, 09:09 AM
I'm thinking that this business transaction would mean that Shaw has even more control over what price that they can charge customers for specialty channels and related channel packages.
I know the CRTC would never allow this to happen, but I'm gonna mention this anyways.
We need more competition in the telecommunications industry in Canada so that the consumer benefits from lower prices and better TV channel packages. :mad:
If Comcast, Verizon, Time Warner Cable, were allowed to enter Canada to sell their TV channel packages, it would force Shaw and other Canadian cable companies to offer a lower price for their TV packages to the consumer.
My aunts, uncles, and cousins pay far less each month for their cable TV packages compared to what I pay. :mad:
Then you'll have the executives from Shaw and other Canadian companies argue "Oh, we cannot compete with the Americans. Let's be patriotic and keep telecommunications/TV in Canadian hands. We'll have to layoff many staff because we cannot make enough profit if we lower our prices in order to compete with U.S. competitors".
Heck, I know many friends who do not have cable TV. They just have Netflix in order to save money.
:lawl:
That won't happen until the Big 3 stops lobbying the government.
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
Not to mention, they already own most of the theaters in the US (AMC). Won't surprise me at all if they start putting in more Chinese actors as China has recently surpassed the USA as the largest box office.
Mr.HappySilp
01-13-2016, 09:32 AM
^^ The thing with most Chinese moves is that their story is very very very boring. There are a lot of restriction they can't produce a movie that shows any movement against the gov (which is why The dark knight raise was ban in China), you can't show movies with revealing(There was a TV back in China was year that was taken off air due to the way how the females were dress and they have to reedit everything which made the show totally crappy). Also some of their actors acting is horrible.
willystyle
01-13-2016, 09:38 AM
^^ The thing with most Chinese moves is that their story is very very very boring. There are a lot of restriction they can't produce a movie that shows any movement against the gov (which is why The dark knight raise was ban in China), you can't show movies with revealing(There was a TV back in China was year that was taken off air due to the way how the females were dress and they have to reedit everything which made the show totally crappy). Also some of their actors acting is horrible.
I agree with you, but even with all those restrictions, they make tons of revenue from theaters in China. From what I read, that market is not even close to being fully tapped yet, the revenue is growing exponentially at 15-20% per year. That's insane. Many third and fourth tier Chinese cities don't even have theaters built for Hollywood movies yet.
originalhypa
01-13-2016, 10:37 AM
How is it that a thread about the Corus/Shaw merger turns into a chinese circle jerk session?
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
CivicBlues
01-13-2016, 10:41 AM
How is it that a thread about the Corus/Shaw merger turns into a chinese circle jerk session
The second our resident FOB, Mr.HappySilp, piped in. BrokeBack
Mr.HappySilp
01-13-2016, 10:55 AM
I agree with you, but even with all those restrictions, they make tons of revenue from theaters in China. From what I read, that market is not even close to being fully tapped yet, the revenue is growing exponentially at 15-20% per year. That's insane. Many third and fourth tier Chinese cities don't even have theaters built for Hollywood movies yet.
The theaters there is no where near as nice as the ones we have here. I think the number one issue theaters face is in china is tons and tons of ppl just watch movies online for free. Till the gov starts cracking down is not easy to get people to pay when they can get it for free.
Dragon-88
01-13-2016, 11:02 AM
I have never noticed that Mr.HappySilp was such a mainland fob until reading his recent posts in these past few months. PogChamp
Did he get bitten by the yellow fever?
Maybe he noticed the attention Gululu was getting and like all busy savvy mainland chinese, he decide to directly copy Gululu by replicating Gululu's opinions and grammatical knowledge and passing it off as his own. RS is an odd place.
Back to topic. Corus acquires Shaw. Meh, to be honest, the only time something like this will affect us is when the radio stations change radio hosts.
originalhypa
01-13-2016, 12:20 PM
Shaw has been acting funny over the last few weeks, so I knew something was going down. It's a good thing that they're recognizing that the old ways of TV and movie distribution are dying a slow death. But is cellular the savior? The sale was made to create liquid cash for the Wind purchase.
I like their Wifi offerings, but they're not making Shaw money. Go Wifi is basically a value added for their current customers. In an industry where any growth is seen as a good thing, this is going to make or break them. Two years ago, Brad Shaw was talking about the feasibility of selling Shaw Cable to the Rogers corp. But he didn't think that the CRTC or competition bureau would allow it. That's a scary comment to hear when you consider that he is the second most powerful media man in Canada.
Mr.HappySilp
01-13-2016, 12:24 PM
Shaw has been acting funny over the last few weeks, so I knew something was going down. It's a good thing that they're recognizing that the old ways of TV and movie distribution are dying a slow death. But is cellular the savior? The sale was made to create liquid cash for the Wind purchase.
I like their Wifi offerings, but they're not making Shaw money. Go Wifi is basically a value added for their current customers. In an industry where any growth is seen as a good thing, this is going to make or break them. Two years ago, Brad Shaw was talking about the feasibility of selling Shaw Cable to the Rogers corp. But he didn't think that the CRTC or competition bureau would allow it. That's a scary comment to hear when you consider that he is the second most powerful media man in Canada.
Is hard for Shaw to move away form copper wire and onto IP TV. That's where the future is at. Not only it will save them bandwidth in the future but allows to carry much much more channel, direct marketing. But since their tech is all built into the whole coxial system is not easy for them to upgrade.
willystyle
01-13-2016, 01:30 PM
Is hard for Shaw to move away form copper wire and onto IP TV. That's where the future is at. Not only it will save them bandwidth in the future but allows to carry much much more channel, direct marketing. But since their tech is all built into the whole coxial system is not easy for them to upgrade.
Not easy, but it needs to be done. But again, I am not surprised. Canadian tech companies are never in the driver seat to lead, they only know to adopt, and even slow at that.
FerrariEnzo
01-13-2016, 04:54 PM
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
I Posted that article not because of the amount of money but because they are both under Shaws control to begin with
SkinnyPupp
01-13-2016, 06:46 PM
puff this is nothing compare to China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion
China?s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion - WSJ (http://www.wsj.com/articles/chinas-dalian-wanda-buys-legendary-entertainment-for-3-5-billion-1452567251)
Soon you might start seeing some Chinese characters add to superman lol Superman and Chinese dragon warrior VS lux and Chinese dragon warrior save superman ass, or you might see is Made in China on all the screen now in their movies.
It's pretty much already happening with all those shitty big budget action movies like Transformers and such.
iwantaskyline
01-14-2016, 09:25 AM
Is hard for Shaw to move away form copper wire and onto IP TV. That's where the future is at. Not only it will save them bandwidth in the future but allows to carry much much more channel, direct marketing. But since their tech is all built into the whole coxial system is not easy for them to upgrade.
DOCSIS 3.1 comes out next year allowing Rogers and Shaw to introduce 1GB/S connections to homes (that rivals fibre connections FYI) without having to upgrade their coaxial networks.
I don't think you really know what IP TV is.
Mr.HappySilp
01-14-2016, 09:34 AM
DOCSIS 3 comes out next year allowing Rogers and Shaw to introduce 1GB/S connections to homes (that rivals fibre connections FYI) without having to upgrade their coaxial networks.
I don't think you really know what IP TV is.
How many ppl in their network will be able to get that type of connections. Shaw will still need to upgrade their network. There are still a lot of area that have shit wiring.
iwantaskyline
01-14-2016, 09:42 AM
How many ppl in their network will be able to get that type of connections. Shaw will still need to upgrade their network. There are still a lot of area that have shit wiring.
Try googling DOCSIS 3.1 before you talk about things you don't understand.
Mr.HappySilp
01-14-2016, 09:45 AM
Try googling DOCSIS 3 before you talk about things you don't understand.
Sorry buddy but I work in the industry and a lot of things mention in google sounds nice on paper but try to it real life don't work so well. But then I guess that's too hard for you to understand.
iwantaskyline
01-14-2016, 09:56 AM
Sorry buddy but I work in the industry and a lot of things mention in google sounds nice on paper but try to it real life don't work so well. But then I guess that's too hard for you to understand.
You work in the industry yet don't know about the new generation of DOCSIS? Actually I work in the industry as well, seems like I'm more up to date than you ;)
Rogers to offer gigabit download speeds to Internet customers - The Globe and Mail (http://www.theglobeandmail.com/report-on-business/rogers-to-offer-gigabit-download-speeds-to-internet-customers/article26644896/)
Rogers announces new gigabit internet, 4K set top box and commitment to 4K content | MobileSyrup.com (http://mobilesyrup.com/2015/10/05/rogers-announces-new-gigabit-internet-4k-set-top-box-and-commitment-to-4k-content/)
They don't need to upgrade their network to fiber with the new generation of DOCSIS, it's fact.
Also to correct my previous post it's DOCSIS 3.1
subordinate
01-14-2016, 10:08 AM
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subordinate
01-14-2016, 10:08 AM
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subordinate
01-14-2016, 10:09 AM
ugh.. nevermind.
originalhypa
01-14-2016, 11:51 AM
I've been in the industry since DOCSIS 1.0, and remember how it all changed when 2.0 was released at the same time that Shaw went all in with Terayon. The CATV industry became the data industry at that time, and changed how everything worked in the cable world.
My company created the splices that allow copper to transmit both directions at a high rate of speed. 17 years later we're nothing more than a commodity. But back in the day there was so much money to be made in the upgrading of their systems to RG6, RG11, and modern internals in their passive devices.
For those who don't want to google DOCSIS 3.1, here are the fine points of the technology.
DOCSIS3.1 technology provides significant new value for cable operators and consumers of broadband services including:
Speed: Defines support for up to 10 Gbps downstream and up to 1 Gbps upstream network capabilities.
Quality of Experience: Utilizes Active Queue Management to significantly reduce network delay as data traffic grows in the home network, dramatically improving responsiveness for applications such as online gaming.
Higher Capacity: Enables a significant increase in network capacity with the ability to transmit up to 50 percent more data over the same spectrum, on existing HFC networks.
Energy Efficiency: Enhancements to the DOCSIS protocols will increase cable modem energy efficiency.
Flexible Migration Strategy: DOCSIS 3.1 modems are designed to co-exist with older versions enabling incremental deployment based on market demand.
The technology basically takes the existing copper network and breaks it down into "lanes" for the data to travel. It uses a queue system to prioritize the data allowing a gb of data to be passed through the same line that at one time could only transmit a max of 20mbs.
DOCSIS 3.1 is cool.
willystyle
01-14-2016, 01:54 PM
I've been in the industry since DOCSIS 1.0, and remember how it all changed when 2.0 was released at the same time that Shaw went all in with Terayon. The CATV industry became the data industry at that time, and changed how everything worked in the cable world.
My company created the splices that allow copper to transmit both directions at a high rate of speed. 17 years later we're nothing more than a commodity. But back in the day there was so much money to be made in the upgrading of their systems to RG6, RG11, and modern internals in their passive devices.
For those who don't want to google DOCSIS 3.1, here are the fine points of the technology.
DOCSIS3.1 technology provides significant new value for cable operators and consumers of broadband services including:
Speed: Defines support for up to 10 Gbps downstream and up to 1 Gbps upstream network capabilities.
Quality of Experience: Utilizes Active Queue Management to significantly reduce network delay as data traffic grows in the home network, dramatically improving responsiveness for applications such as online gaming.
Higher Capacity: Enables a significant increase in network capacity with the ability to transmit up to 50 percent more data over the same spectrum, on existing HFC networks.
Energy Efficiency: Enhancements to the DOCSIS protocols will increase cable modem energy efficiency.
Flexible Migration Strategy: DOCSIS 3.1 modems are designed to co-exist with older versions enabling incremental deployment based on market demand.
The technology basically takes the existing copper network and breaks it down into "lanes" for the data to travel. It uses a queue system to prioritize the data allowing a gb of data to be passed through the same line that at one time could only transmit a max of 20mbs.
DOCSIS 3.1 is cool.
Factor in the speed, the bandwidth cap, and the price that the Big 3 has been charging for a technology has been around for 15+ years with annual raises.
DOCSIS 3.1 wouldn't mean anything in Canada IF affordable (reasonable) internet service cannot be achieved. Based on the current model of how Canadian telecom's operate, a 1Gbps connection with a 10,000GB cap would cost $1000/month (theoretically speaking). Keep in mind that internet prices has NOT decreased, it has ONLY INCREASED yearly for less service.
While it will cost $100/month in Seoul for a 1Gbps connection with unlimited bandwidth.
Technology is irrelevant if the business operating model is shit.
iwantaskyline
01-14-2016, 03:18 PM
Factor in the speed, the bandwidth cap, and the price that the Big 3 has been charging for a technology has been around for 15+ years with annual raises.
DOCSIS 3.1 wouldn't mean anything in Canada IF affordable (reasonable) internet service cannot be achieved. Based on the current model of how Canadian telecom's operate, a 1Gbps connection with a 10,000GB cap would cost $1000/month (theoretically speaking). Keep in mind that internet prices has NOT decreased, it has ONLY INCREASED yearly for less service.
While it will cost $100/month in Seoul for a 1Gbps connection with unlimited bandwidth.
Technology is irrelevant if the business operating model is shit.
There is a very obvious reason as to why internet is so much more expensive in Canada than say South Korea. South Korea has double our population situated on land mass roughly the size of two Vancouver Islands, it's pretty easy and much cheaper to build that infrastructure.
Also what do you mean by DOCSIS 3.1 not meaning anything in Canada? It's MASSIVE boost to cable infrastructure -- these companies no longer have to spend billions on upgrading their current coaxial network so YOU the consumers can enjoy better services.
Just because 1GB/s connections will cost 500 per month or whatever doesn't mean the user who has a 25 mb/s connection isn't affected by the upgrade in the network -- it means less saturation since the network can sustain much higher bandwidth. Not to mention this will enable 4K television which will be awesome for sports.
willystyle
01-14-2016, 04:50 PM
There is a very obvious reason as to why internet is so much more expensive in Canada than say South Korea. South Korea has double our population situated on land mass roughly the size of two Vancouver Islands, it's pretty easy and much cheaper to build that infrastructure.
.
.
.
I've heard this argument so many times from corporate executives as the primary reason why they're price gouging us. On the other side of the fence, there are plenty of evidence to suggest that this isn't the case and I've stated so many references in other threads to back up my claim, but I won't because this topic has been beaten to death. But yeah, keep believing in corporate canada when their best interest isn't to work for you. ;)
iwantaskyline
01-14-2016, 05:35 PM
I've heard this argument so many times from corporate executives as the primary reason why they're price gouging us. On the other side of the fence, there are plenty of evidence to suggest that this isn't the case and I've stated so many references in other threads to back up my claim, but I won't because this topic has been beaten to death. But yeah, keep believing in corporate canada when their best interest isn't to work for you. ;)
I have a hunch you don't have any references. Also good job acknowledging how wrong and dumb your opinion on DOCSIS 3.1 is ;)
willystyle
01-14-2016, 05:36 PM
I have a hunch you don't have any references. Also good job acknowledging how wrong and dumb your opinion on DOCSIS 3.1 is ;)
I have a hunch that you work for the telecommunication industry. ;)
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