CALGARY – Radio segment profit increased by 21% to $22.2 million, while television segment profit was up 15% to $34.7 million for Corus Entertainment as the company reported its third quarter results today.
As for ad revenue, radio posted a 12% increase while the specialty television ad revenue climbed 16%. Corus owns 53 Canadian radio stations and a number of specialty TV channels such as YTV, CMT, W and Scream.
Nelvana, the company’s content division, contributed to the momentum with positive earnings and cash flow for the fourth consecutive quarter, says the company.
"We were very pleased with our…
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MONTREAL – While reporting a quadrupling of third quarter net income to $8.2 million Cogeco Cable, the country’s fourth-largest MSO, said the number of telephone customers it has predicted adding is likely conservative.
The company has only been in market with a voice over Internet protocol service since June 8th (and only in some of its markets – Oakville-Burlington launched June 8th, Trois Rivieres three weeks later) and company CEO Louis Audet declined to give any early signup data. However, it has told analysts this year it expected to connect 7,000 to 8,000 telephony customers by the end of…
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OTTAWA – Three days before the two sides were to face the CRTC, OUTtv and Shaw Communications have settled their disagreement.
The deal means that gay, lesbian, bi-sexual and transgendered lifestyle channel OUTtv will be re-packaged on Shaw Cable and Star Choice. OUTtv objected to the way it was being packaged as a stand-alone service, contrary to its rights as a category one digital channel as a must-carry.
Shaw and OUTtv were to face the CRTC for one more ruling on Friday but the channel withdrew the complaint after the two sides came to an agreement last Tuesday. “The Shaw…
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CALGARY – With son and CEO Jim in Africa on vacation (but in on the call), Shaw Communications founder and chairman JR Shaw led today’s company conference call with financial analysts
As reported yesterday by www.cartt.ca, Shaw had over 22,450 telephony customers as of the end of the third quarter of fiscal 2005, May 31st. That level of growth – which is continuing – has led the company to not only boost its capital expenditure plans for the immediate future, but also dramatically quicken its penetration expectations.
“At this stage our price point of $55 a month does…
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CALGARY – Shaw Communications today reported solid third quarter results, beating analysts extimates and revealing its number of telephony subscribers for the first time.
The satellite, cable, Internet and telephone company announced net income of $43.3 million or $0.16 per share for the quarter ended May 31, 2005 compared to net income of $24.8 million or $0.06 per share for the comparable period in 2004. The market was expecting $0.12 per share.
Net income for the nine months of the year was $94.2 million or $0.36 per share, up from $62.0 million or $0.14 per share last year.
"Shaw’s…
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CALGARY – Shaw Cablesystems today said it has added Rogers Sportsnet HD and Fox HD to its channel lineup.
The two channels are included at no charge to customers subscribing to Shaw Digital.
While Fox HD carries much popular TV programming, including NFL Football, NASCAR racing, American Idol, 24, House, Stacked, The O.C., and Malcolm in the Middle, Sportsnet is the HD leader in Canada with hundreds of hours of HD content, including every home game of the Toronto Blue Jays in HD. Sportsnet has broadcast about 150 live events since the Toronto Blue Jays opened their HD schedule…
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THE VOIP REVOLUTION could end with a single phone call.
No, not by a call from the CRTC deregulating the incumbent telcos, but by one dropped 9-1-1 call.
I’ve often wondered why, since the launch of VOIP, the newcomers came to market without 9-1-1 service. When Primus and Vonage and others began, buried in their marketing materials in teeny type, were notes mentioning their service can’t offer some of the basics people have come to expect, like, oh, 9-1-1.
While they’ve since moved to offer the emergency calling feature, I thought its absence was unconscionable at launch.
Personally, if I’m…
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TORONTO – Trust Ted Rogers to have a sense of history.
Twenty years to the day after his company (which employs a corporate historian) launched wireless telephony in Canada through Rogers Cantel with a phone call between then-Toronto mayor Art Eggleton and then-Montreal mayor Jean Drapeau, Rogers Communications is officially getting into the wired voice business through voice over Internet protocol and plain old circuit-switched telephony on Friday, July 1st.
But, it’s nothing like the launch of Cantel, or Rogers’ earlier wired telephony attempt, Unitel. The company hits the ground not only running, but in a leadership position. The…
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CALGARY – When you just want to get away from it all – and take some of it all with you, namely, your television – Star Choice has a system for you.
The Shaw Communications-owned DTH company today announced a partnership with Explorer Satellite Systems Inc., which will provide RV owners with access to Star Choice’s digital video and audio service, with the added convenience of mobility.
The ExplorerSC2000 mobile satellite system attaches to the rooftop of any RV, and automatically seeks out and locks on to both of Star Choice’s satellites, Anik F1 and F2. This system eliminates…
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OTTAWA – When it does launch its digital television service, Telus doesn’t want to jump through the Commission’s hoops every time it needs to make a competitive move to match Shaw, the western telco has told the CRTC.
Telus needs to be competitively nimble, so to have to ask the Commission for permission to make certain programming additions or alterations poses problems, it says, because it won’t be able to respond in a timely enough manner in its markets.
When contacted by www.cartt.ca today, and asked about the application, which was filed on December 13, 2004 and only made…
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