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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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