Tuesday, March 8, 2011

Quebecor credits magazines and TV for increased revenues and profitability

Quebecor Media's TVA Group, the province's largest publisher of magazines, reported a $19.8 million profit in its latest quarter, on revenues of $133.4 million, crediting both its television and publishing sides.Profit amounted to 83 cents per share, for the last quarter of 2010, compared with a profit of $21.1 million, or 89 cents per share, a year earlier on revenue of $128.5 million.The

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