TORONTO – With a sports channel in the offing, Asian Television Network announced increased revenue and EBITDA for the quarter ended September 30th.
Revenue went up by 36.6% to $2.8 million, as compared to Q4 2005, while EBUTDA was $1.05 million, a 40% jump.
"The Company’s focus has been and continues to be to strike a fine balance between continuing expansion of its operation and deployment of new capital and debt reduction," says the press release. "It has stayed on that course over the past few years. The continuing growth of the Company and its revenue and earnings together…
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IF CANADA’S INCUMBENT TELEPHONE companies want total deregulation quickly, they’re going to have to do it for (and to) themselves, in the marketplace.
Yesterday Industry Minister Maxime Bernier told the Economic Club of Toronto, with numerous telecom executives in the audience, that the federal government will force the CRTC to deregulate "access independent" VOIP services, no matter which company offers them or where.
The voice services offered by Primus and Vonage are prime examples. The consumer buys a special box, perhaps downloads some software and "poof", they have VOIP service in their homes –and perhaps portably, too.
The Commission’s Continue Reading
OTTAWA – So how fast will we see a complaint filed on this one?
Just yesterday everyone was wondering whether or not Bell Canada’s Digital Voice Lite voice over IP service would be considered an access-independent VOIP product under the new rules announced Wednesday. If so, it would be deregulated.
Today, the CRTC issued a circular today saying yes, in fact, Bell’s nascent VOIP product can be considered access-independent and "that by virtue of the Order in Council the tariffs previously approved by the Commission… are no longer of any force or effect and those services are forborne from…
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TORONTO –The federal government has altered the CRTC’s VoIP decision, calling on the commission to refrain from economic regulation of certain Voice-over-Internet Protocol services.
"Canada’s telecommunications landscape has changed dramatically in recent years, and it’s time for our regulatory approach to evolve as well," said Industry Minister Maxime Bernier. "A more competitive environment will translate into greater choice, newer products and better services for the Canadian consumer."
Earlier this year, the Governor in Council had referred Telecom Decision CRTC 2005-28, Regulatory Framework for Voice Communications Services Using Internet Protocol, back to the CRTC for reconsideration. This decision was re-examined…
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TORONTO – Avik Lee, a veteran media industry professional, will join S-VOX as client relations co-ordinator on November 20th.
In this role, he will work closely with clients and partners in the areas of paid programming and advertising sales, and will be responsible for planning and executing effective promotions and grassroots community events.
"Avik has an impressive record of accomplishments in the print and broadcast sectors, both here in Canada and abroad. His recent background in television coupled with his language skills makes him the ideal person to work with our diverse client base," said S-VOX chief operating officer…
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APPROXIMATELY FIFTY SUPPLIERS from the U.S. and Canada are expected in Kelowna at the 2007 Canadian Communications & Technology Trade Show & Seminars.
This annual two-day event will take place at the Coast Capri Hotel in Kelowna, B.C. on May 30-31, 2007.
Vendor and sponsorship packages are now available plus the call for technical papers for seminar speakers.
Cable companies, telcos, sub-contractors, telecommunications providers, and utilities will be invited to attend the seminars and trade show. Attendee information will be distributed in January once the seminar topics are in place. By offering a low attendee fee, companies are able…
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OTTAWA – Is access to an ILEC’s local loop – or even a cable operator’s plant – an essential service that must be opened to competitors?
That’s just one of the questions being asked of the telecom industry by the CRTC in a public notice released Thursday. It will be a huge and complex undertaking that involves the Competition Bureau, the Telecom Policy Review Report and the federal government and could end up redrawing the rules of the telecom game so that the Competition Act, and not the Telecom Act, takes precedence over the industry’s disputes.
In legalese, the…
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TORONTO – Score Media, whose primary asset is sports channel The Score, posted increased revenues and income for the year ended August 31st.
Compared to 2005, revenues increased 15.9% to $29.1 million, EBITDA grew 10.4% to $5.3 million and net income increased to $13 million, as compared to $2.8 million in 2005, thanks primarily to a $9.1 million valuation allowance in respect of future tax assets, said the company’s Thursday evening press release.
Fourth quarter revenues increased 13.1% over Q4 ’05 to $6.9 million while fourth quarter EBITDA was $1 million an increase of 42.9% over the same three…
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TORONTO – The Canadian Film Centre, Canada’s largest institution for advanced training in film, unveiled its new “CFC” brand identity Wednesday, complete with a new logo, new web site, and new strategic plan.
Its new CFC identity “embodies the evolution of the CFC as a contemporary institution, and better reflects the organization that we are today: Canada’s largest advanced-training institution for film, TV and new media, professionals,” said Slawko Klymkiw, CFC executive director, in a statement. “As we embark on our new strategic plan, the new brand also signifies the CFC’s progression into the future.”
The CFC also announced…
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VANCOUVER – Like members of the Hogwarts School of Witchcraft and Wizardry, Tuesday’s group of financial analysts dared not speak the name of the biggest incomplete deal in the room.
Just like Harry Potter’s friends don’t like to say "Voldemort", the financial analyst members of the panel session at the Canadian Association of Broadcasters convention entitled "The Word from the Street" were asked in advance not to talk about the Bell Globemedia deal to purchase CHUM Ltd., which has not yet been ruled upon by the Commission.
Last we checked, BGM hadn’t yet even submitted an application to the…
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