TV acquisitions help TVA Group

MONTREAL – Quebecor’s content division TVA Group today reported a slight dip in operating revenues to $125.6 million in the third quarter of 2019, a 1.4% decrease over the same period in 2018. Consolidated adjusted EBITDA at the broadcaster, publisher and producer came in at $31.1 million for the quarter ended September 30th, a $3 million increase over Q3 2018. The $21.45 million in adjusted EBITDA broadcasting segment, a $4.5 million increase was mainly attributable to the acquisition of the Évasion and Zeste channels and a 25% increase in the adjusted EBITDA of the other specialty channels, including a 13.6%...