TVA Group reports $8 million quarterly loss

MONTREAL – Despite gains in its broadcasting and production segments, TVA Group Inc. saw its first quarter losses deepen by more than $0.6 million, the company announced on Tuesday.TVA Group, a subsidiary of Quebecor Media Inc., reported a net loss attributable to shareholders of $8.0 million in the first quarter of 2017, compared with a net loss attributable to shareholders of $7.4 million in the same period last year. It also posted a consolidated adjusted operating loss of $594,000, a negative variance of $891,000 year-over-year.The company’s Broadcasting & Production segment experienced a $657,000 adjusted operating income, a favourable variance of...