Québecor’s TVA Group reports net loss in Q2 2017

MONTREAL — Despite improved revenues in its broadcasting and film production segments, Québecor Media’s TVA Group subsidiary reported a net loss attributable to shareholders of $1.9 million or $0.04 per share in the second quarter of 2017, which is actually an improvement over its net loss attributable to shareholders of $5.7 million or $0.13 per share in the same quarter of 2016.TVA Group reported its consolidated adjusted operating income as $11.07 million in the second quarter, which is a favourable variance of almost $8.65 million from Q2 2016. The company’s broadcasting and production segment posted an adjusted operating income of...