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Shaw Media tells CRTC it plans to apply for a national all-news channel

TORONTO - Shaw Media is making plans to launch a national TV news channel called Global News 1.

In filings to the CRTC, the media division of Shaw Communications (TSX:SJR.B) which operates Global Television says it wants to launch a "hybrid local/national" English-language channel.

A brief outline of the plans were included in Shaw's submission to the broadcast regulator as part of the CRTC's formal consultation on the evolution of the broadcasting system.

While the company didn't outline exactly how the channel would operate, it's likely Shaw would tap into the assets of numerous local TV stations it owns across the country.

Shaw also operates a regional news channel in British Columbia called Global News BC 1.

A spokeswoman for the broadcaster declined to talk about the plans until after the licence application is finalized.

The Canadian Press

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