Radio / Television News

Pelmorex cuts 14 jobs


By Steve Faguy MONTREAL — Citing "changes to our business," Pelmorex Corp. eliminated 14 jobs last week. The company, which owns The Weather Network/MétéoMédia and manages the National Alert Aggregation and Dissemination System, said in a statement to Cartt.ca that the cuts were "across various business units within the entire Pelmorex organization." No additional details were provided. According to financial summaries published by the CRTC, TWN/MétéoMédia has been seeing a steady decline in revenue in its regulated businesses, averaging 4% a year, as both advertising revenue and number of subscribers has fallen continuously over the past five years, in line...