DARTMOUTH, NS – Radio company Newfoundland Capital Corporation (NewCap) saw a fourth quarter net loss of $3.9 million, which contributed to a $4.4 million net loss for its fiscal 2008.... Continue Reading
GATINEAU – There are currently no viable business models for broadcasting in the digital world, both the CBC and Corus Entertainment, two broadcasters who have taken extensive forays into the... Continue Reading
DALLAS, TX – AT&T will spend close to $1 billion this year to build out its global network, infrastructure, and enhance services and support to it’s customers, including those in... Continue Reading
MONTREAL – Growth at Quebecor’s cable company Videotron helped the company see an almost 11% increase in revenue, and an 18% jump in operating income for fiscal 2008. The company, which announced... Continue Reading
MONTREAL – Videotron described 2008 as “significant in terms of milestones”, as it marked its 14th consecutive quarter of growth across its cable TV, Internet, cable telephone and wireless telephone... Continue Reading
TORONTO – The financial picture isn’t looking any brighter for Canwest Global Communications, as both Moody's Investors Service and DBRS downgraded the media conglomerate’s ratings this week. Moody’s downgraded Canwest Media’s corporate family... Continue Reading
NEW YORK, NY - The average American is watching more than 151 hours of television per month, an all-time high, says a new report from The Nielsen Company. Also, Americans... Continue Reading
MISSISSAUGA, ON and SAN FRANCISCO, CA - Bell Mobility will be the first wireless carrier to offer Canadians full SMS (short messaging service, or mobile text messaging) support for interacting... Continue Reading
TORONTO – Canwest Global Communications’ subsidiary CW Media is selling its stake in Score Media Inc., parent company of The Score television network. The companies announced Tuesday that CW Media... Continue Reading
TORONTO – Nortel will reduce its workforce by an additional net 3,200 positions worldwide, the company announced Wednesday. The reductions will happen over the next several months, “in accordance with local... Continue Reading
