Canadian TV ops improving at CanWest

WINNIPEG – Thanks to a $164 million gain on the sale of its Irish TV assets, CanWest Global Communications showed net earnings of $179 million for the fiscal year ended August 31st, compared to $10 million for fiscal '05. Without the TV3 sale, net earnings were up 50% over 2005. Consolidated revenues were $2.9 billion for 2006, a decline of 5%. Consolidated EBITDA for fiscal 2006 was $509 million, a 28% decline as compared to 2005. The company recorded net earnings of $155 million for the fourth quarter ended August 31, 2006 compared to a net loss of $106 million...