Radio / Television News

Earnings stable at CanWest’s NZ group

WINNIPEG - CanWest Global's 70% owned New Zealand TV and radio company, CanWest MediaWorks (NZ) said today that EBITDA fell to NZ$66 million for the year ended August 31, 2006, just under the NZ$67 million reported last year. Consolidated revenues increased by 2% for the year to NZ$254 million. Based upon these results, the company declared a dividend of NZ 3.9 cents per share, payable on November 24, 2006 to shareholders of record on November 10, 2006. This brings the total annual dividend paid to shareholders for the year to NZ 8.4 cents, an increase of 33% from the NZ...