MONTREAL – Quebecor Media Group is cutting 220 jobs, or about eight per cent of its workforce, as part of restructuring efforts, the company said Wednesday.
The cuts, which will mainly impact managers, professionals and administrative support staff, will bring staffing levels in line with the organizational changes and reduce operating costs, reads the company’s news release.
"In Québec as elsewhere in the world, our industry is facing ongoing disruption," said Quebecor Media Group and TVA Group president and CEO Julie Tremblay, in the release. "We have therefore taken a number of initiatives over the past two years to adapt to…
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NEW YORK – The U.S. appears to be following in Canada’s VI footsteps now that U.S. telecom giant AT&T has officially agreed to acquire Time Warner Inc. for $85.4 billion.
But a Fortune report says that the massive deal “seems like a desperation move by both, an admission that they don’t really know what else to do, except try to get larger and hope everything works out for the best”. Only Comcast in the States has tried something similar with NBCUniversal, although Verizon is also trying to get into more content with the planned purchase of Yahoo!.
“For one thing,…
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MONTREAL – Quebecor Content continued its buying spree ahead of MIPCOM, adding new lifestyle shows from Scripps Networks.
With a focus on real-estate and home design, the new titles include House Hunters International, Tiny House Hunters, Property Brothers at Home on the Ranch, Listed Sisters and Good Bones. The shows will air on Quebecor’s CASA and Moi&Cie channels.
"Our audience is hungry for lifestyle programming, particularly shows that relate to the home," said Quebecor Content acquisitions and partnerships VP Yann Paquet, in the news release. "We're very excited about the programs we've acquired from Scripps Networks and look forward to bringing them…
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MONTREAL – Quebecor Content has signed an exclusive three-year volume deal with Endemol Shine International for the rights to lifestyle and reality content including the 8th season of MasterChef Australia, The Block, Bodyshockers and MasterChef Junior USA.
The company said Wednesday that the shows will air across Quebecor's various platforms, including TVA and channels CASA and Moi&Cie.
"We're extremely pleased to have signed this exclusive three-year partnership”, said Quebecor Content acquisitions and partnerships VP Yann Paquet, in the news release. "It's satisfying to see how the close relationship we've built with Endemol Shine International over the past few years continues to…
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TORONTO – CBC, Bell Media and Quebecor are among the first publishers to sign on with Eyereturn Marketing’s new curated programmatic marketplace offering advertisers and agencies access to first look preferred inventory.
Known as Canadian Premium Access, the Eyereturn platform allows clients to get data driven, first look access to secure private marketplaces while utilizing various advertising opportunities including traditional display, expanding and pre-roll (VAST and/or VPAID) ad units, reads the news release. Combined with Eyereturn's proprietary data and dynamic retargeting tools, advertisers can now deliver successful campaigns in a transparent, brand safe environment.
“As one of the few ad tech companies based…
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GATINEAU – It took more than a few hours but some sparks did fly at the CRTC’s flexible channel packaging hearing on Wednesday when commissioner Christopher MacDonald (right) questioned Bell on the timing of a company press release a day earlier which promised the company would offer Fibe TV service separate from its internet offering.
Cynics might have highlighted the coincidence of a Bell announcement, the day before the hearing kicked off, he noted, asking Bell “why now” when only four months ago the company suggested it was a monumental task to make a basic Fibe…
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GATINEAU – The CRTC shouldn’t bow to pressure from the vertically integrated (VI) entities and loosen any regulatory measures on their activities, according to comments from the non-VI broadcast distributors.
In comments to the licence renewals of the large English and French-language ownership groups (for which a public hearing is coming in November), the non-VI BDUs tell the Commission that in fact it needs to strengthen regulations ensuring the VI companies (Rogers, Bell and Quebecor) don’t exhibit any anti-consumer and anti-competitive behaviour.
Telus says the Commission has rules to ensure carriage contracts for TV channels are done on…
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MONTREAL — The strong performance of Quebecor’s Videotron telecom segment helped to offset losses in its Quebecor Media subsidiary, allowing the parent company to maintain modest growth overall in the second quarter of 2016, Quebecor announced Thursday.
Quebecor’s revenues rose $28.7 million to reach $992.5 million in Q2 2016, which is a 3% increase over its Q2 2015 revenues of $963.8 million. The company’s adjusted operating income also rose 3.1% to $360.3 million in the second quarter of 2016, when compared to the same quarter last year.
The company’s telecom segment experienced 5.2% growth in revenues, increasing by $38.9 million to…
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MONTREAL — The fact that no Canadian hockey teams made it to the NHL playoffs this spring and overall soft sales in soundstage and production equipment rentals contributed to a second quarter net loss attributable to shareholders of $5.7 million at TVA Group Inc., the company announced on Monday.
TVA Group, a subsidiary of Quebecor Media Inc., reported a consolidated adjusted operating income of $2.427 million for the second quarter, representing a 67% decrease from its adjusted operating income in the same quarter of 2015.
The company’s Broadcasting & Production segment experienced a $2.431 million adjusted operating loss, a $3.3 million…
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MONTREAL – Former CBC and TVA exec René Bourdages has been named director general, creation and innovation at the NFB, effective September 1st.
Bourdages (pictured) is the founder and CEO of consulting firm Elevado Media, and was also president of the merchandising division at CBC; EVP broadcasting and operations at TVA/Quebecor; and EVP of programming, sales and marketing at Astral Media.
At NFB, he will oversee the interactive studios in Vancouver and Montreal and both English program and French program (animation and documentary), in line with the specific objectives of each.
“With daring and creativity comes risk. And to continue to be a…
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