CTV delivers for BCE. Will company keep Globemedia?

TORONTO – A strong CTV schedule helped Bell Canada Enterprises division Bell Globemedia to a strong first quarter, the company said today. Revenues for Globemedia (whose assets include CTV, and CTV specialties such as TSN, TDS, ROBTv and others, along with the Globe and Mail newspaper) in the first quarter increased by 4.1% compared to the same period last year, reaching $356 million. Improved profitability both at CTV, thanks to high ratings, and The Globe and Mail, delivered a 60% increase in operating income over the same period last year. “CTV's strong schedule continued to lead the way in Canada...