Radio / Television News

TV review must address future challenges: Switzer

TORONTO – CHUM Limited reported a solid second quarter on Thursday but company executives also warned of a softer second half of fiscal 2006 and addressed some of the regulatory issues faced by Canadian broadcasters.Consolidated revenue in the second quarter, ended February 28, increased by 7.8% to $152.4 million compared to Q2 2005. Consolidated EBITDA increased by 30% to $19.2 million. For the six months ended February 28, 2006, revenue was up 12.3% to $339.2 million and EBITDA increased 17.5% to $67.9 compared to the first half of fiscal 2005. CHUM's net earnings in the second quarter increased by $3.4...