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Radio & Television

April 30, 2015 7 years ago

Q1 revenues at Newcap bounce back to black

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DARTMOUTH – Newfoundland Capital Corporation saw its first quarter revenues climb 25% which it credited to its new stations in the Toronto and Vancouver radio markets.For the period ended March 31, 2015, the radio broadcaster posted revenues of $35.5 million, up from $28.5 million year-over-year, while earnings before interest, taxes, depreciation and amortization (EBITDA) jumped 56% from $4.5 million to $7.1 million.Profit for the period was $2.5 million compared to a $3.2 million loss in the same period last year.  The loss last year was a result of recognizing costs of $8.4 million in the first quarter of 2014 related to...
 

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Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.