Articles Tagged ‘Pierre Karl Peladeau’
TVA to cut 31% of workforce as part of reorganization plan
In the face of the significant pressures affecting Canada’s media sector, the company is making changes to in-house programming, news operations and physical locations.
Quebecor’s media revenue drops 4.1% in Q2
The company’s CEO says “there is no reason to believe” fortunes in the broadcasting sector will improve any time soon.
Ad revenue boost not enough to offset production declines at TVA
The company’s acting CEO said, however, that the outlook in broadcasting remains “uncertain.”
Videotron’s president and CEO steps down
Quebecor’s Pierre Karl Péladeau adds leadership for the telco to his remit, taking over from Jean-François Pruneau.
Media down at Quebecor, but telco business strong
Live sports cancellations hurt the company’s TV business from an ad perspective, but other results indicate the appetite for TV is still strong.
Quebecor lays off 10% of workforce
President and CEO Pierre Karl Péladeau called the temporary cuts “unavoidable” but said the company is putting in place financial support measures for those affected.
Media drives revenue lifts at Quebecor
The company benefited both from media acquisitions and lifts in specialty subscription, and is now focusing on its 5G roll-out.
Quebecor invests in the events and culture space
A minority stake in Multicolore will see Quebecor bolster its sport and entertainment division.
Newspapers and magazines drive lower ad revenue for Quebecor
The company also reiterated its stance that Bell’s acquisition of V network will be damaging to Quebec’s media ecosystem.
TVA Sports carriage battle goes to Gatineau
According to Bell, around 425,000 households were affected by the pull last week.
Amidst media declines, Quebecor revenue hit $4.2 billion in 2018
The revenue came mostly from strong performance on the telco side.
C-suite moves at Quebecor, Videotron
Jean-François Pruneau will assume the top spot at Quebecor’s affiliated BDU, and two senior team members are moving into the C-suite.
Quebecor revenues up in Q3 despite media declines
The company’s revenues were mainly boosted by strength in the Videotron brand.
Habs’ playoffs absence may have dogged Quebecor’s media in Q2
Revenue for media fell by 6.5%, although TVA Network’s market share remained stable.
Quebecor revenues up for 2017
Adjusted media revenues increased 28.6% from last year, but the magazine unit records a goodwill impairment charge.
