Radio / Television News

Growth ongoing at Astral; Greenberg not terribly keen on AA buy

MONTREAL - Consolidated net earnings for the first three months of fiscal 2007 increased by 9% over last year, rising to $32.6 million, said Astral Media today. The owners of such assets as The Movie Network, Super Écran, Canal Indigo, vrak.tv, Z, a number of eastern radio stations and an outdoor advertising company continues its string of growing quarters thanks to increased advertising on its French specialties and subscriber growth in English Canada. Consolidated revenues totaled $165.1 million for the first quarter, an increase of 7% over the same period last year. EBITDA for the first three months increased 9%...