Friday, April 13, 2007

Shaw Says Profit Gains 74 Percent

When you're posting profits of the size that Shaw is currently boasting, you can't help but wonder how much of it will actually benefit Canadians (shareholders and subscribers notwithstanding).

The question that occurs to me is this....what is the incentive for the big broadcasters to invest in Canadian programming when their increasing profits are coming from broadband subscribers? With the recent move in the telephone industry and the Canadian Television Fund being "re-evaluated", how much longer will we have to wait to find out that our airwaves have "officially" become taken over by cheap and profitable American programming?

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