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Newswire: Canadian streaming service Shomi will shut down in November

Did you know that if you lived in Canada, you would have a Netflix alternative called Shomi? Actually, there’s decent odds that even if you do live in Canada, you’re unaware of this option. This northern VOD service, which launched more than two years ago, has been having kind of a hard time building up its subscriber base. TMX reports that one of its two parent companies, Rogers Communications, is “expecting a loss of up to $140 million Canadian (about $106 million US),” and the other one, Shaw Communications, is similarly assumed to have no current plans to buy ponies for all its employees.
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