Despite high ratings in Quebec, TVA Group is suffering through tough 2006

MONTREAL – TVA Group's net income since the start of fiscal 2006 is $10.7 million, down 37% over the first half of 2005. "Our industry continues to be affected by market fragmentation and by a difficult advertising market," said TVA Group president and CEO Pierre Dion. "Despite this challenging situation, however, TVA Network once again enjoyed excellent audience ratings, with the BBM results showing that it posted a 27.4% market share and broadcasted 19 of the 30 most-watched shows. Our specialty channels continue to demonstrate a good progression of their operating income, despite the loss recorded by our new Prise...