TVA reports higher revenues and earnings for Q1 2020

MONTREAL — Despite the ongoing Covid-19 crisis and its impact on live sports broadcasting and advertising revenue, Quebecor Media’s TVA Group reported late Monday afternoon a slight increase in its operating revenues and higher earnings for the first quarter of 2020. However, TVA Group’s overall net loss was $712,000 in the first quarter of 2020, which is a significant improvement over the company’s net loss of $6.7 million in the first quarter of 2019. Q1 ended March 31st, so most of the quarter operated under much more normal times. TVA Group’s consolidated revenues totalled $137.1 million in Q1 2020, a...