TV leads modest Q3 growth at Astral

MONTREAL – Astral Media reported growth in net earnings, revenues, EBITDA and cash flow from continuing operations during its third quarter. Consolidated net earnings from continuing operations for the quarter ended May 31, 2009 increased 3% over the same quarter last year, rising to $44.3 million from $43.2 million. It grew by 5% for the first nine months of Fiscal 2009 to $115.6 million, up from $109.7 million last year. Consolidated revenues for the third quarter of $232.5 million grew slightly from the $231.9 million reported last year for the same period, led by its TV division. Television revenue grew...