Radio / Television News

Down Under ops move up for CanWest

WINNIPEG – At CanWest Global’s Australian operations, Ten Network Holdings, first quarter 2008 consolidated revenue increased 11% and consolidated EBITDA by 14%, driven by solid ratings from the television division and increased revenues from the out-of-home advertising operations, the company announced today. Ten owns and operates the Ten Television Network in Australia and EYE Corp.'s growing multi-national out-of-home advertising business. CanWest owns approximately 56% of Ten. For the quarter, Ten reported consolidated revenue of A$327 million, 11% more than the same quarter in the previous fiscal year. Consolidated EBITDA for the year increased by 14% to A$123 million. Ten also...