MONTREAL – So far, so good in fiscal 2009, reported Astral Media Wednesday morning. The radio, pay & specialty TV and outdoor advertising company reported 24% revenue growth, a 13%... Continue Reading
TORONTO – Corus Entertainment saw consolidated revenues for its first quarter grow by only 1% to $216.8 million, while consolidated segment profit dropped 2% to $81.3 million.Net income for the... Continue Reading
WINNIPEG – Saying their first quarter results reflect “the slower economy and lower advertising volume”, Canwest Global Communications posted a loss of $33 million, compared with a profit of $41... Continue Reading
QUEBEC CITY - Canadian telecom test and measurement equipment manufacturer EXFO Electro-Optical Engineering reported first quarter growth across sales, net bookings and gross margins.Sales grew by 13.1% to US$46.4 million from... Continue Reading
OTTAWA - CBC/Radio-Canada has asked the CRTC to review regulations that apply to direct-to-home satellite BDUs “to ensure that official-language minority communities have access to the public broadcaster's full program... Continue Reading
SCHAUMBURG, Ill. – Communications device manufacturer Motorola today announced further cost reduction actions, primarily associated with the company’s mobile devices business. Motorola will further reduce its workforce in 2009 by... Continue Reading
MONTREAL – Despite the weakened economy, Cogeco Inc. maintained a solid growth curve in the first quarter of fiscal 2009, the company reported. Consolidated revenue at Cogeco Cable (including its... Continue Reading
TORONTO – Canadian corporate icon Nortel Networks has announced that it is seeking bankruptcy protection under the Companies' Creditors Arrangement Act ("CCAA") in Canada and under the Chapter 11 provisions... Continue Reading
TORONTO - Family Channel is launching a contest called “Phineas and Ferb Spot the Diff ” where viewers are encouraged to track the differences between original and modified segments of... Continue Reading
OTTAWA – The financial losses reported by Canwest Global Communications Wednesday should “provoke real concern about the overall crisis in Canada’s media companies” says the Canadian arm of the Communications... Continue Reading
