CRTC approves Corus Entertainment recapitalization plan

Corus is Canada’s largest independent broadcaster, and after some recent financial restructuring, it is no longer under the Shaw Family Living Trust’s control. Shaw and Corus have had a relationship since 1999. Shaw cut its corporate ties with Corus in 2019 when it sold off a…

The deal was approved by the Ontario Superior Court in March, but was subject to CRTC approval for the ownership transaction.