Radio / Television News

Alliance Atlantis releases estimated 2nd quarter broadcasting results

TORONTO – Alliance Atlantis Communications has released preliminary second quarter financial information for its broadcasting business, expected to be used in arranging the financing of the assets’ acquisition by CanWest MediaWorks Inc. Alliance Atlantis stresses that the revenue estimates are preliminary and have not been reviewed by its auditors. For the three months ended June 30, 2007, broadcasting revenue from its specialty channels is expected to be approximately $86 million, while the year to date ended June 30 is expected to see broadcasting revenues of about $164 million. Broadcasting revenue for the 12 months ended June 30 is expected to...