financial results

Money (2)

It’s official: Netflix is profitable in Canada

“We achieved a small contribution profit in Canada in Q2 and expect to remain profitable in this market going forward,” the U.S. video streaming giant said Tuesday as it released its latest financial results.

money

Lionsgate posts fourth quarter loss

The Vancouver-based studio used success of Hunger Games release to take write-downs associated with its Summit Entertainment purchase and other costs.

money

Cineplex posts solid Q1 earnings on The Hunger Games attendance

Showing major Hollywood tentpoles like The Hunger Games and The Avengers on giant screens is fending off competition from home theatre systems, Cineplex CEO Ellis Jacob tells Playback Daily.

Telus

Telus posts higher Q1 earnings, in part on new Optik TV sign-ups

Telus posted solid Q1 earnings as it bundles internet and home and wireless phone services with its IPTV TV service to draw new customers from rival Shaw Communications.

money

Strong Q1 wireless results help Quebecor Inc. offset soft TV ad market

The diversified Quebec media giant posted sharply higher first quarter earnings, due mainly to a favourable settlement of financial instruments.

money

Bell reports stronger net earnings in soft TV ad market

Parent company BCE credited its year-over-year period growth in part to the creation of Bell Media, formed when the company purchased CTV.

money

Why China is an ace in the hole for Canada’s Imax Corp.

The Toronto-based company is betting that a growing international network of theatres, especially in China, coupled with a slate of Hollywood tentpoles on its super-sized screens, will assure a profitable future for the Canadian company.