Radio / Television News

Astral Media gets up in Q2; to take 100% of French music stations

MONTREAL – While the big news was in Toronto for the company's acquisition of Standard Radio, Astral Media also released some solid second quarter results on the TV, radio and outdoor sides. Consolidated net earnings for the first six months of fiscal 2007 increased by 9% over last year to $57.3 million. Consolidated net earnings for the second quarter also jumped by 9% over the same quarter last year, to $24.6 million. Consolidated revenues totalled $315 million for the first half of the year, an increase of 7% over the same period last year. Consolidated revenues for the second quarter...