Radio / Television News

Q3 at Astral shows growth

MONTREAL – Radio, television and outdoor ad company Astral Media reported this morning that consolidated net earnings for the third quarter increased by 21% compared to the same quarter last year, rising to $43.3 million. Consolidated net earnings for the first nine months of fiscal 2008 increased by 18% over last year, rising to $109.8 million and consolidated revenues for the third quarter totaled $233 million, a 38% increase compared to Q3 2007. Consolidated revenues totaled $638.7 million for the first nine months of the year, an increase of 32%. Astral Media is Canada’s largest radio station owner with 82...