Quebecor’s TVA Group reports $2.6 million net loss in second quarter

MONTREAL — TVA Group, a subsidiary of Quebecor Media, reported Tuesday it recorded a net loss attributable to shareholders of $2.6 million, or $0.06 loss per share, for the second quarter of 2015. This compares to a net income attributable to shareholders of $9.2 million, or $0.39 earnings per share, in the same quarter of 2014.The biggest contributing factor to TVA Group’s second-quarter loss was a 97% decline in the operating income of its Broadcasting & Production segment, which reported a $535,000 adjusted operating income in the three-month period ending June 30, as compared to an $18 million adjusted operating...