23:08:51 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



BCE Inc (2)
Symbol BCE
Shares Issued 848,778,094
Close 2015-08-25 C$ 52.28
Market Cap C$ 44,374,118,754
Recent Sedar Documents

Globe/CP say Shaw, others see ad revenue drop again

2015-08-26 07:53 ET - In the News

See In the News (C-SJR) Shaw Communications Inc

The Globe and Mail reports in its Wednesday edition Statistics Canada says the country's broadcasters saw profits decline by more than 20 per cent in 2014, partly as a result of the impact of factors such as on-line streaming and mobile viewing on advertising revenue. A Canadian Press dispatch to The Globe quotes Statscan as saying total revenue for the broadcast television industry dropped 0.3 per cent in the year to $7.6-billion, while profit before interest and taxes fell 22 per cent to $836.8-million. Advertising sales have fallen every year since 2011 and were off 0.8 per cent to $3.4-billion in 2014. Meanwhile, programming expenses rose 5.3 per cent in 2014 to $4.8-billion. Private conventional broadcasters, not including specialty channels, have been hit hardest, with air time sales falling $302.5-million since 2011.

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