Jan 12 (Reuters) - Canada's Shaw Communications Inc SJRb.TO reported a 59.2 pct fall in quarterly profit on Thursday, mainly due to a charge related to the winding down of its investment in video streaming service Shomi.
Rogers Communications Inc RCIb.TO and Shaw wound down operations at their joint venture Shomi last November, and Shaw took a C$107 million ($82 million) charge in its first quarter.
Shaw's net income fell to C$89 million, or 18 Canadian cents per share, from C$218 million, or 43 Canadian cents per share, a year earlier. Calgary-based company's revenue rose 15 percent to C$1.31 billion in the quarter ended Nov. 30. ($1 = C$1.31)