'04 license renewals, NHL's return, power big jump in specialty and pay Cancon spending

GATINEAU – Hockey and regulation, two things Canadians are well known for, thoroughly revealed their influence in statistics released today by the CRTC. The headline, of course, was the massive revenue line. Revenues earned by Canadian specialty services, pay-TV channels and video on demand license holders surpassed $2.5 billion in the 2006 broadcast year, ended August 31, 2006, says the Commission data on the industry released today. During the last year, this part of the electronic media industry saw the highest growth in its revenues as they rose by 12.4% as compared to 2005. However, profits before interest and taxes...