Radio / Television News

UPDATED: CRTC release touted broadcasters’ revenue rebound. We actually broke it down in January

OTTAWA-GATINEAU – Canada’s television services are back in business. CRTC figures released Thursday in a press release, (based largely on data from individual companies which we actually broke down here and here way back in January), show that the return of the advertising market translated into some, albeit modest, profits at conventional broadcasters, though the country's specialty and pay broadcasters fared better.According to the Commission’s count, revenue at the country’s private conventional television climbed 9% to approximately $2.15 billion in 2010 broadcast year, while expenses increased 1.7%.  This resulted in profits before interest and taxes (PBIT) rebounding from a deficit of $116.6 million in 2009 to a profit...