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

Canoe sinks into Sun Media; CEO out, Peladeau now runs the whole show

Quebecor Media is rolling its Canoe interactive media division under Sun Media and putting its internet and newspaper operations under one management team, headed by Quebecor Media President and Chief Executive Officer Pierre Karl Peladeau. "The current reality dictates that we must always be reinventing ourselves, and that's exactly what we're doing today. The integration of Canoe into Sun Media