President (corporate title)
The President is a leader of an organization, community, trade union, university or other group. The relationship between the president and the Chief Executive Officer varies, depending on the structure of the specific organization. In a similar vein to the Chief Operating Officer, the title of corporate President as a separate position is loosely defined; the powers of the president vary across organizations and such powers come from specific authorization in the bylaws like Robert's Rules of Order. The term "president" was used to designate someone who presided over a meeting, was used in the same way that "foreman" or "overseer" is used now, it has now come to mean "chief officer" in terms of administrative or executive duties. In addition to the administrative or executive duties in organizations, the president has the duties of presiding over meetings; such duties at meetings include: calling the meeting to order determining if a quorum is present announcing the items on the order of business or agenda as they come up recognition of members to have the floor enforcing the rules of the group putting all questions to a vote adjourning the meetingWhile presiding, the president should remain impartial and not interrupt a speaker if the speaker has the floor and is following the rules of the group.
In committees or small boards, the president votes along with the other members. However, in assemblies or larger boards, the president should vote only when it can affect the result. At a meeting, the president only has one vote; the powers of the president vary across organizations. In some organizations the president has the authority to hire staff and make financial decisions, while in others the president only makes recommendations to a board of directors, still others the president has no executive powers and is a spokesman for the organization; the amount of power given to the president depends on the type of organization, its structure, the rules it has created for itself. If the president exceeds the given authority, engages in misconduct, or fails to perform the duties, the president may face disciplinary procedures; such procedures may include suspension, or removal from office. The rules of the particular organization would provide details on who can perform these disciplinary procedures and the extent that they can be done.
Whoever appointed or elected the president has the power to discipline this officer. Some organizations may have a position of President-Elect in addition to the position of President; the membership of the organization elects a President-Elect and when the term of the President-Elect is complete, that person automatically becomes President. Some organizations may have a position of Immediate Past President in addition to the position of President. In those organizations, when the term of the President is complete, that person automatically fills the position of Immediate Past President; the organization can have such a position. The duties of such a position would have to be provided in the bylaws. Bennett, Nathan. Riding Shotgun: The Role of the COO. Stanford, California: Stanford University Press. ISBN 0-8047-5166-8. National Association of Parliamentarians®, Education Committee. Spotlight on You the President. Independence, MO: National Association of Parliamentarians®. ISBN 1-884048-15-3
Florida is the southernmost contiguous state in the United States. The state is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Atlantic Ocean, to the south by the Straits of Florida. Florida is the 22nd-most extensive, the 3rd-most populous, the 8th-most densely populated of the U. S. states. Jacksonville is the most populous municipality in the state and the largest city by area in the contiguous United States; the Miami metropolitan area is Florida's most populous urban area. Tallahassee is the state's capital. Florida's $1.0 trillion economy is the fourth largest in the United States. If it were a country, Florida would be the 16th largest economy in the world, the 58th most populous as of 2018. In 2017, Florida's per capita personal income was ranking 26th in the nation; the unemployment rate in September 2018 was 3.5% and ranked as the 18th in the United States. Florida exports nearly $55 billion in goods made in the 8th highest among all states.
The Miami Metropolitan Area is by far the largest urban economy in Florida and the 12th largest in the United States with a GDP of $344.9 billion as of 2017. This is more than twice the number of the next metro area, the Tampa Bay Area, which has a GDP of $145.3 billion. Florida is home to 51 of the world's billionaires with most of them residing in South Florida; the first European contact was made in 1513 by Spanish explorer Juan Ponce de León, who called it la Florida upon landing there in the Easter season, known in Spanish as Pascua Florida. Florida was a challenge for the European colonial powers before it gained statehood in the United States in 1845, it was a principal location of the Seminole Wars against the Native Americans, racial segregation after the American Civil War. Today, Florida is distinctive for its large Cuban expatriate community and high population growth, as well as for its increasing environmental issues; the state's economy relies on tourism and transportation, which developed in the late 19th century.
Florida is renowned for amusement parks, orange crops, winter vegetables, the Kennedy Space Center, as a popular destination for retirees. Florida is the flattest state in the United States. Lake Okeechobee is the largest freshwater lake in the U. S. state of Florida. Florida's close proximity to the ocean influences many aspects of daily life. Florida is a reflection of multiple inheritance. Florida has attracted many writers such as Marjorie Kinnan Rawlings, Ernest Hemingway and Tennessee Williams, continues to attract celebrities and athletes, it is internationally known for golf, auto racing, water sports. Several beaches in Florida have emerald-colored coastal waters. About two-thirds of Florida occupies a peninsula between the Gulf of the Atlantic Ocean. Florida has the longest coastline in the contiguous United States 1,350 miles, not including the contribution of the many barrier islands. Florida has a total of 4,510 islands; this is the second-highest number of islands of any state of the United States.
It is the only state that borders both the Gulf of the Atlantic Ocean. Much of the state is characterized by sedimentary soil. Florida has the lowest high point of any U. S. state. The climate varies from subtropical in the north to tropical in the south; the American alligator, American crocodile, American flamingo, Roseate spoonbill, Florida panther, bottlenose dolphin, manatee can be found in Everglades National Park in the southern part of the state. Along with Hawaii, Florida is one of only two states that has a tropical climate, is the only continental state with either a tropical climate or a coral reef; the Florida Reef is the only living coral barrier reef in the continental United States, the third-largest coral barrier reef system in the world. By the 16th century, the earliest time for which there is a historical record, major Native American groups included the Apalachee of the Florida Panhandle, the Timucua of northern and central Florida, the Ais of the central Atlantic coast, the Tocobaga of the Tampa Bay area, the Calusa of southwest Florida and the Tequesta of the southeastern coast.
Florida was the first region of the continental United States to be visited and settled by Europeans. The earliest known European explorers came with the Spanish conquistador Juan Ponce de León. Ponce de León spotted and landed on the peninsula on April 2, 1513, he named the region Florida. The story that he was searching for the Fountain of Youth is mythical and only appeared long after his death. In May 1539, Conquistador Hernando de Soto skirted the coast of Florida, searching for a deep harbor to land, he described seeing a thick wall of red mangroves spread mile after mile, some reaching as high as 70 feet, with intertwined and elevated roots making landing difficult. The Spanish introduced Christianity, horses, the Castilian language, more to Florida. Spain established several settlements with varying degrees of success. In 1559, Don Tristán de Luna y Arellano established a settlement at present-day Pensacola, making it the first attempted settlement in Florida, but it was abandoned by 1561.
In 1565, the settlement of St. Augustine was established under the leadership of admiral and
Toronto Stock Exchange
The Toronto Stock Exchange is a stock exchange in Toronto, Canada. It is the 9th largest exchange in the world by market capitalization. Based in the Exchange Tower in Toronto's Financial District, the TSX is a wholly owned subsidiary of the TMX Group for the trading of senior equities. A broad range of businesses from Canada and abroad are represented on the exchange. In addition to conventional securities, the exchange lists various exchange-traded funds, split share corporations, income trusts and investment funds. More mining and oil and gas companies are listed on Toronto Stock Exchange than any other stock exchange; the Toronto Stock Exchange descended from the Association of Brokers, a group formed by Toronto businessmen on July 26, 1852. No records of the group's transactions have survived, it is however known that on October 25 1861, twenty-four brokers gathered at the Masonic Hall to create and participate in the Toronto Stock Exchange. Between 1852 and 1870, two others distinct, commodity-orientated, exchanges were founded: the Toronto Exchange in 1854 and the Toronto Stock and Mining Exchange in 1868.
The TSE had 13 listings but it grew to 18 in 1868. Many banks of Upper Canada failed during 1869, which halted any sort of trading in the city as the market was just too small. A bull market in 1870 boosted investor's confidence and eight of the original 24 brokers joined again to re-establish the TSE; the exchange was incorporated by an act of the Legislative Assembly of Ontario in 1878.. The TSE grew continuously in size and in shares traded, save for a three-month period in 1914 when the exchange was shut down for fear of financial panic due to World War I; the day of the Wall Street Crash of 1929, Toronto's exchange was better connected to New-York's and received the bad news before Montreal's. By the afternoon, its three most popular stocks were down by at least 8%: International Nickel, Hiram Walker & Sons and Brazilian Light & Power); the following day, a record number of 331,000 shares changed hands on the TSE, with an overall loss of value of 20% Meanwhile, a British Columbia gold rush in the 1890s stimulated the demand for start-up capital but Montreal and Toronto's exchanges deemed the ventures too risky.
The boom was handled with the Toronto Stock and Mining Exchange, founded in 1896 and which merged with its rival Standard Stock and Mining Exchange in 1899. The SSME, after years of ups and downs, was amalgamated into the Toronto Stock Exchange in 1934. While a durable surge in mining trading was recorded in Toronto, in Montreal the volume of the equity-centric market was going down. Toronto found itself a reputation as a financial centre for mining and from 1934, the total trading volume on the TSE surpassed that of Montreal's; the TSE moved on Bay Street in 1913 and in 1937 opened a new trading floor and headquarters in an Art Deco building, still on Bay. By 1936, the Toronto Stock Exchange grew to become the third largest in North America. In 1977, it launched the TSE 300 index and introduced the CATS, an automated trading system, began to use it for the quotation of less liquid equities. In 1983, the TSE moved into the Exchange Tower; the old TSE building became the Design Exchange, a museum and education centre.
On April 23, 1997, the TSE's trading floor closed, making it the second-largest stock exchange in North America to choose a floorless, electronic environment. In 1999, through a major realignment plan, Toronto Stock Exchange became Canada's sole exchange for the trading of senior equities; the Bourse de Montréal/Montreal Exchange assumed responsibility for the trading of derivatives and the Vancouver Stock Exchange and Alberta Stock Exchange merged to form the Canadian Venture Exchange handling trading in junior equities. The Canadian Dealing Network, Winnipeg Stock Exchange, equities portion of the Montreal Exchange merged with CDNX. In 2000, the Toronto Stock Exchange became a for-profit company. In 2002 its acronym was rebranded to TSX and it became a public company. · In 2001, the Toronto Stock Exchange acquired the Canadian Venture Exchange, renamed the TSX Venture Exchange in 2002. This ended 123 years of the usage of TSE as a Canadian stock exchange. On May 11, 2007, the S&P/TSX Composite, the main index of the Toronto Stock Exchange, traded above the 14,000 point level for the first time ever.
On December 17, 2008, for the first time in TSX history, the exchange was closed for an entire trading day due to a technical glitch. On February 9, 2011, the London Stock Exchange announced that it had agreed to merge with the TMX Group, Toronto Stock Exchange's parent, hoping to create a combined entity with a market capitalization of $5.9 trillion. Xavier Rolet, CEO of the LSE Group, would head the new enlarged company, while TMX Chief Executive Thomas Kloet would become the new firm president. Based on data from December 30, 2010 the new stock exchange would have been the second largest in the world with a market cap 48% greater than the Nasdaq. 8 of the 15 board members of the combined entity will be appointed by LSE, 7/15 by TMX. The provisional name for the combined group would be LTMX Group plc. About two weeks after Maple Group launched a competing bid the LSEG-TMX deal was terminated after failing to receive the minimum 67% voter approval from shareholders of TMX Group; the rejection came amidst new concerns raised b
Chief executive officer
The chief executive officer or just chief executive, is the most senior corporate, executive, or administrative officer in charge of managing an organization – an independent legal entity such as a company or nonprofit institution. CEOs lead a range of organizations, including public and private corporations, non-profit organizations and some government organizations; the CEO of a corporation or company reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc. In the early 21st century, top executives had technical degrees in science, engineering or law; the responsibility of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's legal structure.
They can be far-reaching or quite limited and are enshrined in a formal delegation of authority. Responsibilities include being a decision maker on strategy and other key policy issues, leader and executor; the communicator role can involve speaking to the press and the rest of the outside world, as well as to the organization's management and employees. As a leader of the company, the CEO or MD advises the board of directors, motivates employees, drives change within the organization; as a manager, the CEO/MD presides over the organization's day-to-day operations. The term refers to the person who makes all the key decisions regarding the company, which includes all sectors and fields of the business, including operations, business development, human resources, etc; the CEO of a company is not the owner of the company. In some countries, there is a dual board system with two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes. In these countries, the CEO presides over the executive board and the chairman presides over the supervisory board, these two roles will always be held by different people.
This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority; the aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors is equivalent to the supervisory board, while the executive board may be known as the executive committee. In the United States, in business, the executive officers are the top officers of a corporation, the chief executive officer being the best-known type; the definition varies. In the case of a sole proprietorship, an executive officer is the sole proprietor. In the case of a partnership, an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company, executive officer is any manager, or officer. A CEO has several subordinate executives, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers.
Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if the CEO is the president, is the vice-president. An organization may have more than one vice-president, each tasked with a different area of responsibility; some organizations have subordinate executive officers who have the word chief in their job title, such as chief operating officer, chief financial officer and chief technology officer. The public relations-focused position of chief reputation officer is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, the driving force behind, an organisation culture". In the US, the term chief executive officer is used in business, whereas the term executive director is used in the not-for-profit sector; these terms are mutually exclusive and refer to distinct legal duties and responsibilities.
Implicit in the use of these titles, is that the public not be misled and the general standard regarding their use be applied. In the UK, chief executive and chief executive officer are used in both business and the charitable sector; as of 2013, the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are non-executive roles. In the United Kingdom, the term director is used instead of chief officer". Business publicists since the days of Edward Bernays and his client John D. Rockefeller and more the corporate publicists for Henry Ford, promoted the concept of the "celebrity CEO". Business journalists have adopted this approach, which assumes that the corporate achievements in the arena of manufacturing, wer
Corus Entertainment is a Canadian mass media and broadcasting company. Formed in 1999 as a spin-off from Shaw Communications, it is headquartered at Corus Quay in Toronto and has prominent holdings in the radio and television industries. Corus Entertainment's voting majority is held by the company's founder JR Shaw and his family, a 40% stake of Corus stock is owned by Shaw Communications. Corus has a large presence in Canadian broadcasting, as owner of the national Global Television Network, 39 radio stations, a portfolio of 45 specialty television services. Corus is dominant in Canada's children's television industry through its ownership of the domestic YTV, Treehouse networks, the animation studio Nelvana and book publisher Kids Can Press, localized versions of the Cartoon Network, Disney Channel, Disney Junior, Disney XD, Nickelodeon brands; the second incarnation of Shaw's media division—formed from the properties of the bankrupt Canwest Global—was subsumed by Corus on April 1, 2016, giving it control of the over-the-air Global network and 19 additional specialty channels.
In September 1998, JR Shaw and Shaw Media CEO John Cassaday announced plans for Shaw Communications to spin-out its media properties, including radio stations and television specialty channels, into a new company. The spin-out would leave Shaw as a "pure play" telecommunications company; the decision to spin out the properties, into what would be known as Corus Entertainment, was meant to comply with Canadian Radio-television and Telecommunications Commission recommendations at the time which discouraged vertical integration by cable companies who owned media properties. Corus would be a separate, publicly-traded company, first listed on the Toronto Stock Exchange in September 1999, but would still be controlled by the Shaw family. In September 1999, Corus acquired the broadcasting assets of the Power Corporation of Canada, which included four television stations and sixteen radio stations. One of these stations, CHAU-TV, was re-sold to Télé Inter-Rives. In October 1999, it was announced that as part of the break-up of Western International Communications, Corus would acquire the company's 12 radio stations and most of its specialty channels, including stakes in Family Channel, SuperChannel and MovieMax!.
In September 2000, after negotiations and rumoured offers by other studios, Corus announced that it would acquire the Toronto-based animation studio Nelvana for $540 million. Corus stated that it planned to use the purchase to help launch a preschool-oriented cable network in the United States. In March 2001, in response to complaints by the CRTC over its near-monopoly on ownership of children's specialty channels in Canada, Corus sold Family Channel to Astral Media for $126.9 million. Corus sold its stake in the Western Canadian pay-per-view service Viewers Choice to Shaw for $22.6 million, acquired the Women's Television Network from Shaw for $132.6 million. In August 2002, Corus sold CKGE-FM to Durham Radio. In May 2002, Corus announced that it has acquired a 50% stake in Locomotion, a Latin American and Spanish channel focusing of animated series targeting teens and young adults. Hearst Corporation owned the other half. In March 2004, Corus and Astral announced that it would swap radio stations in Quebec.
Corus sold its Red Deer, Alberta stations CKGY-FM and CIZZ-FM to Newcap Radio. In July 2007, Corus acquired CJZZ from Canwest. In June 2008, CHRC was sold to the ownership group of the Quebec Remparts hockey team. In August 2007, Corus announced a partnership with Hearst Corporation to launch Cosmopolitan TV. In March 2008, CTVglobemedia sold Canadian Learning Television to Corus for $73 millionCorus launched a Canadian version of Nickelodeon on November 2, 2009, replacing Discovery Kids. In 2010, Corus's sister company Shaw Communications re-entered the broadcasting industry through its acquisition of the media assets of the bankrupt Canwest, which re-formed the Shaw Media division. On April 30, 2010, Corus announced that it would sell its Québec radio stations, with the exception of CKRS, to Cogeco for $80 million, pending CRTC approval. Corus cited their low profitability in comparison to their stations elsewhere as reasoning for the sale. On June 25, it was reported that Corus had agreed to sell CKRS to Radio Saguenay, a local business group.
The sale of the Corus Québec stations was approved by the CRTC on December 17, 2010, on the condition that Cogeco-owned CJEC-FM and Corus-owned CFEL-FM and CKOY-FM be sold to another party by December 2011. On January 13, 2011, competing broadcaster Astral Media announced that they would seek legal action to stop the sale of these stations to Cogeco, citing the fact that it would own more stations than Astral in the Montreal market, making the competition unfair. On November 9, 2010, Hasbro Studios signed an agreement with Corus to broadcast their productions on its networks. On March 26, 2012, Corus and Shaw launched ABC Spark, a localized version of U. S. cable network ABC Family, with Shaw owning 49%. In March 2013, as part of Bell Media's proposed acquisition of Astral Media, Corus reached a tentative deal to acquire Astral's stakes in Historia, Séries+, the Teletoon Canada group, for $400.6 million
Freedom Mobile Inc. is a Canadian wireless telecommunications provider owned by Shaw Communications. With 1,516,256 active subscribers in urban areas of Ontario, British Columbia and Alberta, it is Canada's fourth largest mobile network operator with 4.5% market share. Founded in 2008 as Wind Mobile by the telecommunications company Globalive, Freedom was one of several new mobile carriers launched in Canada in 2008 after a government initiative to encourage competition in the wireless sector alongside Mobilicity and Public Mobile, it launched mobile data and voice services in the Greater Toronto and Hamilton Area, Ontario on December 16, 2009 and two days in Calgary, Alberta. Since Southern Ontario has been the main target of network expansion: first with Ottawa in Q1 2011, with about half a dozen additional regions, the most recent being Brantford on July 3, 2014. Globalive, a Canadian company was financed by an Egyptian corporation, Orascom Telecom Holding, managed by Wind Telecom S.p. A. which owns a number of other "Wind" brand telecommunications companies.
Globalive bid $442 million in 2008 to secure the Advanced Wireless Services wireless spectrum required for the launch of the network. Ken Campbell, a former Vodafone and Orascom executive, was named as Chief Executive Officer of Globalive Wireless in 2008; the launch of the company was delayed due to a public ownership review by the Canadian Radio-television and Telecommunications Commission. The regulatory body stated; the most prominent issue was Globalive's reliance on Orascom for its debt, which stood at $508 million. Globalive completed its first test call on the network in June 2009. On December 11 of that year, the Governor-in-Council issued a final decision deeming that Globalive does meet ownership requirements, allowing Globalive to enter the Canadian market immediately. On December 14, shortly before the peak of the Christmas and holiday season, Wind announced an alliance with Blockbuster LLC in Canada to offer Wind kiosks and prepaid products within Blockbuster stores at 16 locations, 13 in Ontario and 3 in Calgary.
On December 16, Wind Mobile launched its service in Toronto. A launch event was hosted at its Queens Quay location in downtown Toronto. Wind gained "close to 5,000 subscribers" during the 16 days it offered service in 2009. Chris Robbins, Chief Customer Officer, resigned from Wind Mobile on March 4, 2010. Both Robbins and Wind Mobile said that the departure was due to strategic changes and the former wanting to pursue other business opportunities. Analysts assessed the change negatively speculating that an executive departure so early reflected disappointing market penetration. On March 27, 2010, Wind Mobile launched its service in Ottawa. A launch event was hosted at the Rideau St location. Service was launched in most of Greater Vancouver area and Edmonton, Alberta throughout the year. Wind Mobile announced on August 13 that in early July, they had reached "the 100,000 mark in terms of new wireless subscribers". Orascom's third-quarter financial report, released in November 2010, listed Wind's subscriber base as 139,681.
On February 4, 2011, the Federal Court ruled in a suit brought by competitors Public Mobile and Telus that the Governor in Council's decision regarding Wind's Canadian ownership requirements was improper. Wind was granted a 45-day stay of the decision to file arguments. On May 18, the Federal Court of Appeal heard arguments from Wind and the federal government as to why the Federal Court decision should be quashed; the Federal Court of Appeal's decision allowed Globalive's appeal and restored the Governor in Council's order that Wind met Canadian ownership requirements. On September 19, Public Mobile entered an application for leave to appeal to the Supreme Court of Canada. On March 17, the shareholders of Russian mobile telephone operator VimpelCom voted in support of a $6 billion deal to acquire Wind Telecom, whose assets include Orascom Telecom, a significant shareholder in Wind Mobile; the transaction would create the world’s fifth largest mobile operator by subscribers – more than 173 million subscribers.
In June, Ken Campbell, the founding CEO, departed the company. Campbell had led the management team since start up, leading the build out of the company in its five major markets, he went on to be CEO at a former Orascom property, the leading operator in Tunisia, co-found the Canadian cellphone repair chain Mobile Klinik. Wind's network in the region of Kitchener and Waterloo was launched on August 16, during the back to school season of 2011. In conjunction with this launch, the company introduced a Windtab+ option for Pay After customers, a promotional Super Smart plan for all customers. Both services were available to all Wind subscribers in any Wind zones. Guelph coverage was announced on September 9 and two stores opened in Guelph by the end of the month; the St. Catharines and Welland zones were launched on October 15, one store was opened in each city; the provider added more stores in October for all these regions, along with new handsets and special promotions. The carrier launched a new advertising campaign on November 7, adopting the slogan "That's the power of Wind" and reinforcing orange as its official colour.
A promotional "Oh Canada" plan was offered in conjunction with the new campaign. Service in Niagara Falls was launched on November 23. To celebrate, the company offered 30 Nokia C7 smartphones at its store in The Pen Centre shopping mall. Wind plans to connect the Niagara region coverage with that of the Gr
Rogers Cable Inc. is Canada's largest cable television service provider with about 2.25 million television customers, over 930,000 Internet subscribers in Southern & Eastern Ontario, New Brunswick and Newfoundland and Labrador. Rogers Cable is a division of Rogers Communications Partnership, itself wholly owned by Rogers Communications Inc. Rogers was one of the first cable-system operators in Canada, having secured licences covering much of the city of Toronto in the mid-1960s. One of the first important acquisitions was in 1979, when Ted Rogers purchased a controlling interest in Canadian Cablesystems, which operated cable companies across Ontario, including the City of North York, Oshawa/Whitby, Kitchener-Waterloo, Cambridge and Newmarket, joined the CCL properties with his cable interests. In 1980, Rogers purchased Premier Cable, which controlled the system in Vancouver, parts of Ontario, had investments in Irish cable companies in Dublin and Waterford. In 1986 Rogers sold their shares of Irish companies to the Irish state broadcaster and state telecoms company.
In 1981, Rogers entered the U. S. cable market, obtaining franchises in California. These assets were acquired by Paragon Cable in 1989 for over US$1 billion. Rogers continued to buy other operators. Through its acquisition of Maclean-Hunter, Rogers has briefly owned cable systems in the United States, which it promptly sold to Comcast in 1994. In March 2000, Rogers agreed to swap systems with Shaw Communications, exchanging its systems in British Columbia for Shaw systems in Quebec and Ontario; the deals gave Rogers and Shaw more consistent service footprints in Eastern and Western Canada respectively. In 2008, Rogers announced a takeover offer for Aurora Cable, a cable service provider in York Region, Ontario. On September 9, 2009, Rogers Cable filed a lawsuit in an attempt to prevent Shaw Communications from acquiring Mountain Cablevision of Hamilton, Ontario, on the basis that the two companies had agreed not to encroach on each other's respective territories, speculated that Shaw would make other acquisitions in Eastern Canada after buying Mountain.
Shaw argued. The suit was thrown out by the Ontario Superior Court, arguing that the non-compete agreement limited competition, that Rogers' claims of future harm were "speculative in the extreme"; the sale would go through that year. In January 2013, as part of a larger exchange of assets between the two companies, Shaw pulled out of Hamilton and sold the Mountain Cablevision business to Rogers. In 2010, a corporate reorganization resulted in Rogers Cable being dissolved as a distinct legal entity, its operations absorbed into Rogers Communications Partnership, a general partnership jointly held by Rogers Communications and its subsidiary Fido Solutions. In October 2015, Rogers announced that it would begin to offer 4K-compatible set-top boxes, beginning in Toronto and expanding to its other markets in 2016. Telecasts of 4K sporting events from Sportsnet and TSN began to be carried on these set-top boxes in January 2016. In December 2016, Rogers announced that it had scrapped a planned project to deploy an IPTV-based television platform, would instead license Comcast's X1 platform Shaw launched its own service based on X1, BlueSky, in January 2017.
The new platform, Rogers Ignite TV, is in employee testing. Joe Natale - President & Chief Executive Officer Edward Rogers III - Deputy Chairman and the Executive Vice-President of Emerging Business and Corporate Development of Rogers Communications Depak Khandelwal - Executive Vice President & Chief Operating Officer Rick Brace - Media Business Unit MatrixShereenMarieLombardi - President of these united People of Amaerica Rogers Cable serves most larger communities in Newfoundland and Labrador, nearly all of New Brunswick, selected areas of eastern Quebec near the New Brunswick border, in Ontario, including nearly all of the Toronto area as well as the areas of Ottawa, Kitchener-Waterloo and parts of Hamilton. With the Rogers takeover of Aurora Cable Internet, Ontario, along with most areas in York Region were added in the Canadian cable territories area. Over the years, at various times, Rogers has owned all or part of various cable operators serving areas across Canada, including Vancouver, Victoria and Northern Ontario.
All of the systems in Western Canada were traded to Shaw Communications in late 2000, in exchange for that company's assets in Ontario and New Brunswick, many of the others were sold to Cogeco. Through Rogers Cable, Rogers is the largest shareholder in CPAC, a national public affairs and politics cable channel based in Ottawa, that consists of both an English- and a French-language feed. CPAC's main programming consists of live and delayed coverage of the House of Commons and the Senate. Rogers Cable operated a chain of video rental stores known as Rogers Plus; the Rogers Video chain and Rogers Wireless retail stores were merged into a single chain known as Rogers Plus in 2007. After 23 years in business, Rogers Plus discontinued movie and game rentals in 2012, the chain's remaining locations were re-toole