Radio & Television

Toronto, Ottawa radio markets drive revenues, profits at Newcap

DARTMOUTH - Newcap Radio owner Newfoundland Capital Corporation credited strong listener ratings at its stations in Toronto and Ottawa for a lift in fourth quarter revenues and profits.For the period ended December 31, 2016, revenues of $47.0 million were up 3% from $45.5 million year-over-year, while earnings before interest, taxes, depreciation and amortization (EBITDA) grew 15% from $14.5 million to $16.7 million as a result of higher revenue and reduced operating costs in the company’s broadcasting segment.Profit for the period of $10.4 million was $2.5 million higher than the same quarter last year, primarily as a result of revenue growth, a...
 

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.