Cable TV subscriptions flat, satellite TV growing: CRTC Canadian Press 2006-07-05 14:39:00
http://money.canoe.ca/News/Sectors/Entertainment/2006/07/05/1669697-cp.html OTTAWA (CP) - New figures suggest Canadians are tuning in to satellite television in greater numbers at the expense of cable TV. The Canadian Radio-television and Telecommunications Commission's latest report shows satellite TV providers expanding their market share while cable TV subscriptions were stagnant and declining. Last year, the number of Canadian households with satellite TV rose to nearly 2.5 million, an increase of 170,000, or eight per cent. Although cable TV providers still hold a dominant share of the Canadian market, the number of households with cable TV last year fell by about 24,000 to 6.61 million. Cable revenues were up to $4.47 billion, but profits before taxes and interest fell slightly from 2004. The gains by satellite providers pushed total revenues for companies like Bell Expressvu to $1.5 billion, and meant the sector recorded a profit before taxes and interest for the first time. ================================ George Antunes, Political Science Dept University of Houston; Houston, TX 77204 Voice: 713-743-3923 Fax: 713-743-3927 antunes at uh dot edu Reply with a "Thank you" if you liked this post. _____________________________ MEDIANEWS mailing list medianews@twiar.org To unsubscribe send an email to: [EMAIL PROTECTED]
