Radio / Television News

Soft Q3 at Global TV, but CanWest revenue still rises

WINNIPEG - Consolidated revenues at CanWest Global communications increased by 7% to $738 million in the third quarter of fiscal 2007, ended May 31st, consolidated EBITDA rose 13% to $122 million but consolidated net earnings were $8 million or 38% lower than last year's same quarter, the company announced this afternoon after the close of trading. CanWest, of course, owns Global TV as well as other electronic media assets in Canada and abroad as well as the largest number of Canadian newspapers in the country. "Results for the third quarter were positive, led by continued growth in publishing revenue and...