HomeGeneral + Regulatory + Telecom + Media NewsRegulatory, Telecom & Media News -...

Regulatory, Telecom & Media News – CMG members at TVO move into legal strike position

Canadian Media Guild (CMG) members at TVO will be in a legal strike position as of this Friday. Union members – including journalists, producers, and education workers – at Ontario’s public broadcaster have been without a contract since October. CMG announced earlier this month that members had returned a strong strike mandate to the bargaining team with 95.8% voting to reject the employer’s latest offer. CMG says it’s been unable to make progress at the bargaining table, primarily due to an Ontario Ministry of Education order to only create temporary contract jobs at the broadcaster, denying workers health benefits, job security, and stability. CMG also says the public broadcaster’s latest offer of 2.75%, 2.5%, and 1.75% increases over three years with a potential 1.75% raise for a fourth year is well below wage improvements workers need during an affordability crisis. Read more here.

 

Quebecor has reported consolidated financial results for the second quarter of 2023. With its acquisition of Freedom Mobile in early April, Quebecor recorded revenues of $1.40 billion, up $283.3 million (25.4%), adjusted EBITDA of $605.2 million, up $113.8 million (23.2%), and adjusted cash flows from operations of $455.3 million, up $94.3 million (26.1%) compared with the same period of 2022. The Telecommunications segment increased revenues by $288.6 million (31.6%), reflecting, among other things, the contribution of the Freedom acquisition. Following the acquisition, the Telecommunications segment now has 3,610,100 mobile telephony connections and 1,716,800 Internet access customers. TVA Group recorded an $8.7 million (–5.9%) decrease in revenues and negative adjusted EBITDA of $3.8 million, an unfavourable variance of $7.1 million compared with the second quarter of 2022.

SUBSCRIBE NOW - IT'S FREE!

At Broadcast Dialogue®, we are committed to delivering industry-leading insights, news, and analysis directly to your inbox—completely free of charge.

By providing full / accurate information, you are helping us sustain Broadcast Dialogue® as a free resource. In return, we commit to delivering high-quality content that keeps you informed on the latest trends, technology, and news shaping the broadcast landscape—at no cost to you.

The Weekly Briefing from Broadcast Dialogue® is delivered exclusively to our subscribers by email every Thursday.
Please enable JavaScript in your browser to complete this form.

Your Subscription Information

Your Name
Your Email Address
Broadcast Dialogue uses this information to understand our audience and deliver relevant content.
Broadcast Dialogue uses this information to understand our audience and deliver relevant content.

Your Company Information

A Couple Of Questions

Do you consider yourself retired?
Are you seeking employment opportunities?

Broadcast Dialogue uses this information to understand our audience and deliver relevant content.
Broadcast Dialogue
Broadcast Dialoguehttps://broadcastdialogue.com
Broadcast Dialogue is Canada’s broadcast industry publication of record. The Weekly Briefing from Broadcast Dialogue is distributed by controlled circulation every Thursday. Broadcast Dialogue content may not be reproduced in whole or in part without written consent of the publisher. To report a typo or error please email - corrections@broadcastdialogue.com

Latest News

Why Validate Is the Attribution Standard Radio Has Been Missing

Radio doesn’t have a performance problem. It has a proof problem. The pressure on radio to prove ROI to advertisers is real and it’s not...

‘Canadian True Crime’ host Kristi Lee on her 200th episode milestone

Since its launch in 2017, Kristi Lee has built the Canadian True Crime podcast into a global hit with over 75 million downloads and...

Morning Show Host

For almost 100 years CKNX has been part of the daily fabric of Midwestern Ontario.  Serving an area with a population of about 300...

Broadcast Technologist

Sales Executive

Creative Writer