Revenue, ARPU up at XM Canada

TORONTO – XM Canada reported a 53% increase in quarterly revenue to $12.5 million due to subscriber growth and an increase in average monthly subscription revenue per subscriber (ARPU)…. Continue Reading

Ross names new marcom director

IROQUOIS, ON – Ross Video has promoted Jan Mills to director of marketing communications. Mills was previously Ross’ media marketing manager, and has been with the company for 31… Continue Reading

Sandra Oh to receive ACTRA award

TORONTO – Canadian actor Sandra Oh will receive the ACTRA Award of Excellence in recognition of her contribution to Canada’s film and television industry. ACTRA’s national president Richard Hardacre will… Continue Reading

Flagging ad sales pull down Q1 at Corus

TORONTO – Corus Entertainment saw consolidated revenues for its first quarter grow by only 1% to $216.8 million, while consolidated segment profit dropped 2% to $81.3 million. Net income for… Continue Reading

Canwest posts $33M loss in Q1

WINNIPEG – Saying their first quarter results reflect “the slower economy and lower advertising volume”, Canwest Global Communications posted a loss of $33 million, compared with a profit of… Continue Reading

Growth continues at EXFO

QUEBEC CITY – Canadian telecom test and measurement equipment manufacturer EXFO Electro-Optical Engineering reported first quarter growth across sales, net bookings and gross margins. Sales grew by 13.1% to US$46.4 million… Continue Reading

Moto to cut 4,000 more employees

SCHAUMBURG, Ill. – Communications device manufacturer Motorola today announced further cost reduction actions, primarily associated with the company’s mobile devices business. Motorola will further reduce its workforce in 2009… Continue Reading

Cogeco continues to grow

MONTREAL – Despite the weakened economy, Cogeco Inc. maintained a solid growth curve in the first quarter of fiscal 2009, the company reported. Consolidated revenue at Cogeco Cable (including… Continue Reading