Radio / Television News

NewCap posts $4.4 M net loss for 2008

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… Continue Reading

Canwest ratings downgraded by Moody’s, DBRS

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… Continue Reading