U.S. spending up, and down: A few surprises in industry's 2009 aggregate financial data

QUIETLY POSTED TUESDAY on the CRTC’s web site were the 2009 aggregate financial data of the large Canadian broadcasters and BDUs. And, as we all knew, the BDUs are doing pretty well. The broadcasters, not so much.CTV EVP Paul Sparkes tried to quickly introduce some of the data during its Q&A session Tuesday during the ongoing hearing into a broadcaster compensation regime because of the dramatically different bottom line numbers for his company compared to the big carriers. However, he was interrupted by Commission chair Konrad von Finckenstein before he could spit out the admittedly huge profit before interest and...