Business Services Industry
Shaw Communications Inc. reaches agreements with three Canadian specialty services
Business Wire, Sept 8, 1995
CALGARY, Alberta--(BUSINESS WIRE)--Sept. 8, 1995--SHAW COMMUNICATIONS (Alberta Stock Exchange: SCL.B Alberta Stock Exchange: SCL.A) Shaw Communications Inc. ("Shaw") today announced that carriage and rate agreements have been signed between Shaw and Bravol, NCN and Showcase.
These programming services were among seven new Canadian specialty services launched on January 1, 1995.
"We are pleased to have reached these agreements and we look forward to having similar agreements in place soon with the remaining new Canadian specialty services,said J.R. Shaw, Sr., President and CEO of Shaw.
"The agreements are positive for both parties," added J.R. Shaw, Sr. "They represent assured revenue streams, facilitating the funding of high quality Canadian programming on the part of the Canadian specialty channels and Shaw will continue to further its marketing efforts to increase the penetration of theses services to help them achieve long-term viability and success."
Shaw is Canada's second largest cable television company serving over 1.5 million customers in six provinces. It also operates nine radio stations in three provinces and its holdings include YTV, the Canadian youth specialty channel, Digital Music Express, NPC National Personal Communication Corporation and Microcell 1-2-1.
CONTACT: Don Taylor or Garbine Ormaechea, 403/269-5200
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