Astral reports 40th consecutive quarter of growth; takes a hit on radiolibre.ca

MONTREAL – While talk of mergers and acquisitions swirl around Canadian media companies, Astral Media (owners of assets like TMN, Super Ecran, Family Channel and the Rock Détente radio network) continues plugging away, debt free, and growing. And Astral still insists it's a buyer and will look at anything that crosses the desks of its executives. As reported, it was one of the two bidders for CHUM Ltd., but lost out in the process to Bell Globemedia. In today's conference call with financial analysts and media, a few other company names came up – like the privately held Standard Broadcasting...