Radio / Television News

Alliance Atlantis rides CSI, but broadcast ad revenue dips

TORONTO – Producing a hit TV show is a good thing. Making three of them, well, that's a gold mine, as Alliance Atlantis has found out. The company released its third quarter earnings report this morning with results beating most expectations. Previously announced international second window sales of CSI contributed $91.3 million to revenue and $40.3 million to direct profit during the quarter, said the company. Consolidated EBITDA of $74.2 million increased by 112% compared to prior year's period, including the benefit of the second window sales. Net earnings were $17.7 million, up 45% compared to Q3 2005. The company...