Radio / Television News

TVA sees Q1 profits tumble as revenues inch up


MONTREAL - Quebecor’s broadcaster/TV producer/publisher TVA Group posted a $6.72 million net loss attributable to shareholders in the first quarter, compared to a $4.92 million loss in the same period in 2018.Revenues, however, grew to $134.1 million for the period ended March 31, 2019, up from $133.8 million year-over-year. "During the first quarter of 2019, we began the process of integrating the "Évasion" and "Zeste" channels into our Broadcasting & Production segment, generating an increase in adjusted EBITDA from the specialty channels and enhancing our offer of television content”, said president France Lauzière, in a statement.  “We are very pleased with the...