The media industry closed the day up 2.3%. Spanish Broadcasting System Inc ( SBSA), Inuvo Inc ( INUV), Seven Arts Entertainment Inc ( SAPX), and SearchMedia Holdings ( IDI) were all decliners today within the media industry with Shaw Communications Inc ( SJR) being today's featured media loser. Shaw Communications Inc fell 28 cents (-1.4%) to $19.91 on average volume. Throughout the day, 285,585 shares of Shaw Communications Inc exchanged hands as compared to its average daily volume of 221,500 shares. Shaw Communications Inc., a diversified communications company, provides broadband cable television, Internet, digital phone, telecommunications, and satellite direct-to-home (DTH) services primarily in Canada and the United States. Shaw Communications Inc has a market cap of $8.4 billion and is part of the services sector. The company has a P/E ratio of 20.7, above the average media industry P/E ratio of 17.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 5.6% year to date as of the close of trading on Friday. TheStreet Ratings rates Shaw as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and a generally disappointing performance in the stock itself.