Radio / Television News

Profits climb 123% at ATN

TORONTO – Asian Television Network International (ATN) saw second quarter profits jump 123% year-over-year, the broadcaster reported Monday.Net income for the quarter ended June 30 was $1.56 million, up from $698,094 in the same period last year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter were $2.28 million, more than double $1.13 million in 2010."We are encouraged by the growth of our business and the trend this sets for the future" said president and CEO Dr. Shan Chandrasekar in a