Quebecor Inc.’s news media division took a major hit in the first quarter on a dramatic drop in advertising spending on newspapers.
The Montreal-based media giant, on the other hand, says its mobile telephone service performed well, with 18,300 subscriber connections in the first quarter.
Operating income in news media – which includes the Sun chain of newspapers and the flagship Journal de Montréal on the French-language side – plummeted 63.7 per cent to $5.7-million in the first quarter.
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Wednesday, May 8, 2013
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- Amateur journalists create jobs for professional o...
- The Guardian newspaper opens cafe in London
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- Rogers kills City News Channel, 62 jobs lost
- Thomson Reuters hires Economist Group chief to hea...
- Duffy hosted CBC show in PEI while claiming expens...
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- My Town Crier newspapers cease publishing
- Rob Ford's press scretary George Christopoulos Quits
- Rob Ford calls media 'bunch of maggots' on weekly ...
- Respect for Mike Duffy earned -- and lost: The Sun...
- Christie Blatchford says Canadian journalists have...
- Woolwich attack highlights power of mobile technol...
- Ford could survive crack video allegations, PR exp...
- Teens bare their souls on social media
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- Harper speaks to caucus, not to media. Democracy a...
- Neil Reynolds, a newspaper editor who never ran wi...
- Funeral arrangements for Peter Worthington announced
- Senator Pamela Wallin leaves Conservative caucus
- Senator Mike Duffy resigns from Conservative caucus
- Prime Minister Stephen Harper’s chief of staff wro...
- Bloomberg doing damage control after mistakenly gi...
- Film producer's suit pressing for IDs of illegal d...
- AP calls U.S. gov't phone records seizure "massive...
- Peter Worthington, founding editor of Toronto Sun,...
- Wilf Fielding, who changed how TV covered special ...
- Toronto’s burgeoning ethnic press caters to a new ...
- Bell digs in on Astral
- Google’s YouTube announces paid subscription chann...
- Telecom firm Eastlink denounces Bell-Astral deal
- Quebecor profit plunges on media division hit
- Competitors weigh in on Bell's bid for Astral
- Toronto Star entertainment columnist Greg Quill, d...
- Corriere Canadese newspaper suspends publication
- Globe obit of Marge Anthony Linden, former CTV VP
- Winners announced for 2012 National Newspaper Awards
- Gary McCarthy, Missisauga News reporter, CBC produ...
- Jay Onrait, Dan O'Toole leaving TSN for new job at...
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