Radio / Television News

Revenues, EBITDA up at Ten Television Network in third quarter

WINNIPEG – Consolidated revenues at CanWest Global Communications Corp.’s Australian television and out-of-home advertising operations were up 14% to A$237 million, while EBITDA was down 2% in the third quarter to A$30 million. The Ten Television Network was healthy, reporting a 10% revenue growth and a 20% jump in EBITDA over the same period a year earlier, while the out-home-advertising operations, EYE Corp. absorbed A$4 million in start-up costs for its North American and U.K. businesses. “Ten’s television segment achieved very strong third-quarter results, placing the company in a good position towards achieving its year end targets,” said CanWest MediaWorks...