MONTREAL - TVA Group reported net income of $15.6 million for the period ended December 31st 2007, which compares favorably to a net loss of $13.0 million, or $0.48 per share, for the corresponding quarter of 2006. While there was growth in operating income of the Quebecor Media division’s television sector of $569,000, or 3% compared with the corresponding quarter of 2006, it was mainly due to a “significant increase in the operating income of the Shopping TVA home shopping division,” says the release, and a “decrease of 40.6% in the operating loss of SUN TV.” Those results offset a...
