Radio / Television News

Radio group leads Astral

MONTREAL – Thanks to its much-ballyhooed purchase of Standard Radio, Astral Media‘s far now much bigger radio division showed the greatest growth in revenue for the year, up 156% to $296.3 million. The company’s television revenue (it owns The Movie Network, Mpix, Super Ecran, Canal D and several other French and English specialty and pay channels) saw a 5% bump to $497 million. The company’s outdoor advertising revenue increased 45% to 72.1 million. Fiscal 2008 was Astral’s 12th consecutive year of growth, said the press releases. Consolidated net earnings for the company increased by 19% over last year to $150.5...