Radio & Television

Revenues up 6% at Astral for 2010

MONTREAL – Momentum in the advertising market, particularly during its fourth quarter, helped Astral Media to achieve its 14th consecutive year of growth.In Fiscal 2010, consolidated revenues totalled $961.0 million, an increase of 6% over the $905.7 million recorded last year.  Excluding the favourable Part II licence fees accrual reversal of $11.6 million and the $9.7 million copyright tariff charge recorded earlier in the year, EBITDA for the 12-month period increased 5% to $306.8 million from $293.1 million for Fiscal 2009.  Consolidated net earnings for the year were up 13% over last year, to $175.4 million from $155.2 million."I am particularly...

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.