Quebecor

Transat appoints Jean-François Pruneau as Chief Financial Officer

Retrieved on: 
Tuesday, December 12, 2023

MONTREAL, Dec. 12, 2023 /CNW/ - Transat A.T. Inc. (« Transat ») announces the appointment of Jean-François Pruneau as Chief Financial Officer.

Key Points: 
  • MONTREAL, Dec. 12, 2023 /CNW/ - Transat A.T. Inc. (« Transat ») announces the appointment of Jean-François Pruneau as Chief Financial Officer.
  • "I am pleased to welcome Jean-François, who will endorse a pivotal role in the transformation of the Company," said Annick Guérard, President and Chief Executive Officer of Transat.
  • He most recently served as Executive Vice President and Chief Financial Officer for Starpax Biopharma.
  • Throughout his career, he held various roles in finance at Canadian National Railway, BCE Media and Quebecor, where he spent close to 17 years and progressed to Senior Vice President and Chief Financial officer, before joining Videotron as President and Chief Executive Officer.

3800 MHz wireless spectrum auction - Quebecor and Videotron invest nearly $300 million to move forward with Canadian expansion

Retrieved on: 
Friday, December 1, 2023

"It is further proof that we have not only the will but also the ability to achieve our goals, for the benefit of consumers.

Key Points: 
  • "It is further proof that we have not only the will but also the ability to achieve our goals, for the benefit of consumers.
  • Canadians have already seen a significant drop in the price of wireless services, thanks to the healthy competition created by Videotron's acquisition of Freedom Mobile."
  • Approximately 61% of the 305 blocks of wireless spectrum acquired by Quebecor are located outside Québec, mainly in southern Ontario, Alberta and British Columbia.
  • Quebecor also bought spectrum in Manitoba, where it now holds a total of 46 blocks in the 600, 3500 and 3800 MHz bands as it prepares to enter that market.

Rogers Communications Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

Recognized as the best and most reliable wireless network in Canada for the fifth straight year by umlaut in July 2023.

Key Points: 
  • Recognized as the best and most reliable wireless network in Canada for the fifth straight year by umlaut in July 2023.
  • Introduced the red Rogers MasterCard with 48-month device equal payment plan with 0% interest and up to 2.6% cashback for customers.
  • Secured number-one spots for flagship radio brands 98.1 CHFI, CityNews 680, and KiSS 92.5 for the Summer 2023 ratings period.
  • We also returned $264 million in dividends to shareholders this quarter and we declared a $0.50 per share dividend on November 8, 2023.

TVA Group announces major changes to secure its future

Retrieved on: 
Thursday, November 2, 2023

MONTRÉAL, Nov. 2, 2023 /CNW/ - TVA Group (TSX: TVA.B) is announcing major changes to secure its future at a time of crisis for the global media industry.

Key Points: 
  • MONTRÉAL, Nov. 2, 2023 /CNW/ - TVA Group (TSX: TVA.B) is announcing major changes to secure its future at a time of crisis for the global media industry.
  • Given this situation, in the coming months TVA Group will implement a three-pronged reorganization plan approved by its Board of Directors:
    "The deficit TVA Group is currently running is simply no longer sustainable," said Pierre Karl Péladeau, acting President and CEO of TVA Group and President and CEO of Quebecor.
  • The second measure concerns the news outlets of TVA Group and Quebecor: TVA, LCN, Le Journal de Montréal, Le Journal de Québec, QUB radio, 24 heures, TVA Sports, TVA Publications magazines, and the other digital brands.
  • The plan announced today springs from a desire to restore TVA Group to a position of strength and secure its future.

Patrick Jutras appointed President of MELS

Retrieved on: 
Monday, October 2, 2023

MONTRÉAL, Oct. 2, 2023 /CNW/ - Pierre Karl Péladeau, Acting President and CEO of TVA Group, is pleased to announce the appointment of Patrick Jutras as President of MELS, one of Canada's largest film and television production services providers, effective today.

Key Points: 
  • MONTRÉAL, Oct. 2, 2023 /CNW/ - Pierre Karl Péladeau, Acting President and CEO of TVA Group, is pleased to announce the appointment of Patrick Jutras as President of MELS, one of Canada's largest film and television production services providers, effective today.
  • He will be tasked with accelerating MELS' growth and strengthening its business relationships locally and internationally to attract even more major productions.
  • "I'm delighted and honoured to take on this new challenge," said Patrick Jutras.
  • Patrick Jutras holds a bachelor's degree in business administration, marketing and international trade from Université du Québec à Montréal and a certificate from Harvard Law School.

QUEBECOR INC. REPORTS CONSOLIDATED RESULTS FOR SECOND QUARTER 2023

Retrieved on: 
Thursday, August 10, 2023

MONTRÉAL, Aug. 10, 2023 /PRNewswire/ - Quebecor Inc. ("Quebecor" or "the Corporation") today reported its consolidated financial results for the second quarter of 2023.

Key Points: 
  • MONTRÉAL, Aug. 10, 2023 /PRNewswire/ - Quebecor Inc. ("Quebecor" or "the Corporation") today reported its consolidated financial results for the second quarter of 2023.
  • Quebecor consolidates the financial results of its wholly owned Quebecor Media Inc. ("Quebecor Media") subsidiary.
  • TVA Group Inc. ("TVA Group") recorded an $8.7 million (–5.9%) decrease in revenues and negative adjusted EBITDA of $3.8 million, an unfavorable variance of $7.1 million compared with the second quarter of 2022.
  • The Sports and Entertainment segment's revenues increased by $3.8 million (8.4%) and there was a $1.7 million unfavourable variance in its adjusted EBITDA in the second quarter of 2023.

Freedom Mobile introduces Canada's most affordable 5G & nationwide unlimited plans!

Retrieved on: 
Thursday, July 27, 2023

Freedom's new monthly plans now­ include nationwide network access at one affordable rate.

Key Points: 
  • Freedom's new monthly plans now­ include nationwide network access at one affordable rate.
  • TORONTO, July 27, 2023 /CNW/ - Freedom Mobile is bringing big changes to Canada's telecom industry!
  • Delivering on its promise to offer Canadians the latest technology with improved service at an affordable price, Freedom Mobile today launched new ultra-competitive wireless plans with true national coverage and access to 5G.
  • To make 5G access even more affordable, Freedom is offering customers the ability to get a Samsung Galaxy A14 5G phone with a 24-month term on a 5G plan for $0 – while supplies last.

News blocking by Meta: Quebecor withdraws advertising placements

Retrieved on: 
Wednesday, July 5, 2023

MONTREAL, July 5, 2023 /CNW/ - Regarding Meta's decision to block all Canadian journalistic content on its platforms to protest against the Online News Act (Bill C-18) and avoid paying media outlets their fair share, Quebecor states:

Key Points: 
  • MONTREAL, July 5, 2023 /CNW/ - Regarding Meta's decision to block all Canadian journalistic content on its platforms to protest against the Online News Act (Bill C-18) and avoid paying media outlets their fair share, Quebecor states:
    "This high-handed decision is an abuse of Meta's dominant position, particularly in the Canadian online advertising market, and violates the basic tenets of any society that believes in the importance of reliable, trustworthy news coverage for a healthy democracy.
  • "Any move by Meta to circumvent Canadian law, block news for its users or discriminate against Canadian media content on its platforms, through its algorithms or otherwise, cannot be tolerated.
  • "In view of Meta's categorical refusal to enter into negotiations, Quebecor announces that, effective immediately and until further notice, it is withdrawing all advertising by its subsidiaries and business units from Facebook and Instagram.
  • "Quebecor also calls on businesses, governments and institutions to make clear their disagreement with Meta's affront to public policy and the news media through their advertising placement choices."

Bell Canada Enterprises Inc.'s 1,300 layoffs and closure of 6 radio stations a deep cut for local news

Retrieved on: 
Wednesday, June 14, 2023

"These layoffs cut deep, especially in smaller communities that rely on local news, and undermines democracy," said Unifor National President Lana Payne.

Key Points: 
  • "These layoffs cut deep, especially in smaller communities that rely on local news, and undermines democracy," said Unifor National President Lana Payne.
  • "Bell had other choices, in anticipation of policy changes, but chose to pull the trigger on these layoffs.
  • The eliminated positions include a 6% cut at Bell Media, which is part of BCE Inc.'s Bell Canada division, which impact CTV television network, specialty TV channels, radio stations and production studios.
  • The Bell Media cuts specifically impact management, production, editorial and operations positions, sales and marketing and administrative and clerical jobs.

Videotron wins copyright infringement case against three tech firms and a shareholder

Retrieved on: 
Monday, May 29, 2023

In a decision handed down on May 26, the Court ordered the three companies, as well as Jean-François Rousseau, a shareholder in two of the companies, to pay $553,000 in joint and several damages for copyright infringement.

Key Points: 
  • In a decision handed down on May 26, the Court ordered the three companies, as well as Jean-François Rousseau, a shareholder in two of the companies, to pay $553,000 in joint and several damages for copyright infringement.
  • The Court also issued a permanent injunction requiring the defendants to immediately cease carrying TVA Sports.
  • A defamation suit brought by Videotron against the same companies is still before Superior Court.
  • (paragraph 73)
    "First, they [the defendants] started operating their business before ensuring that they had obtained the necessary rights and authorizations.