Groupe TVA

Renewal of TVA Group's two collective agreements

Retrieved on: 
Saturday, March 2, 2024

MONTRÉAL, March 2, 2024 /CNW/ - Representatives of CUPE 687, the union that represents unionized employees in Montréal, Québec City and the local stations, and TVA Group announced today that they have reached a tentative agreement to renew the two collective agreements.

Key Points: 
  • MONTRÉAL, March 2, 2024 /CNW/ - Representatives of CUPE 687, the union that represents unionized employees in Montréal, Québec City and the local stations, and TVA Group announced today that they have reached a tentative agreement to renew the two collective agreements.
  • The agreements were reached following bargaining talks that began in December 2023 and continued with the assistance of a conciliator named by the Minister of Labour.
  • At the bargaining table, the parties agreed on the parameters of the new collective agreements and on mitigation measures for employees affected by the announcement made on November 2, 2023.
  • In order to respect the decision-making process, the Union and TVA Group will make no further comment until the agreements have been put to a vote at the general assemblies of the two union units.

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.

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.

TVA GROUP INC. ANNOUNCES NEW CREDIT FACILITIES

Retrieved on: 
Wednesday, June 28, 2023

TVA Group also entered into a new C$20 million demand credit facility with the National Bank of Canada (the "NBC Facility") (together with the QMI Credit Facility, the "Credit Facilities").

Key Points: 
  • TVA Group also entered into a new C$20 million demand credit facility with the National Bank of Canada (the "NBC Facility") (together with the QMI Credit Facility, the "Credit Facilities").
  • Concurrently, the Corporation terminated its bank facility consisting of a C$75 million secured syndicated revolving credit facility maturing on February 24, 2024.
  • The credit agreements governing the Credit Facilities contain covenants customary for facilities of this type.
  • The Corporation intends to use the Credit Facilities for general corporate purposes.

At last, a verdict: a $94 million lawsuit reduced to a judgment of $553,000

Retrieved on: 
Tuesday, May 30, 2023

As a result, Hill Valley broadcasted the TVA Sports signal without an agreement with Groupe TVA, allowing hotel guests to watch TVA Sports.

Key Points: 
  • As a result, Hill Valley broadcasted the TVA Sports signal without an agreement with Groupe TVA, allowing hotel guests to watch TVA Sports.
  • Konek.ai has acted in good faith since 2019, seeking to resolve this issue through appropriate legal and regulatory channels.
  • In fact, the judge clearly stated in the judgment that such a comparison was unjust: "I am of the view that such a comparison isnot appropriate.
  • The refusal of Groupe TVA and Québecor to establish an agreement will have negative consequences for Quebecers and French speakers across the country.

QUEBECOR INC. REPORTS CONSOLIDATED RESULTS FOR FIRST QUARTER 2023

Retrieved on: 
Thursday, May 11, 2023

MONTRÉAL, May 11, 2023 /PRNewswire/ - Montréal, Québec – Quebecor Inc. ("Quebecor" or "the Corporation") today reported its consolidated financial results for the first quarter of 2023.

Key Points: 
  • MONTRÉAL, May 11, 2023 /PRNewswire/ - Montréal, Québec – Quebecor Inc. ("Quebecor" or "the Corporation") today reported its consolidated financial results for the first quarter of 2023.
  • Quebecor consolidates the financial results of its wholly owned Quebecor Media Inc. ("Quebecor Media") subsidiary.
  • Videotron Ltd. ("Videotron") increased its revenues from mobile services and equipment ($25.1 million or 10.0%) and Internet access services ($16.1 million or 5.4%) in the first quarter of 2023.
  • There was a net increase of 4,100 (0.1%) RGUs in the first quarter of 2023, including 26,200 (1.5%) connections to the mobile telephony service and 8,800 (0.5%) subscriptions to Internet access services.

Departure of Martin Carrier as President of MELS

Retrieved on: 
Thursday, March 16, 2023

MONTREAL, March 16, 2023 /CNW/ - TVA Group announces that Martin Carrier, President of MELS, is stepping down from his position on March 24.

Key Points: 
  • MONTREAL, March 16, 2023 /CNW/ - TVA Group announces that Martin Carrier, President of MELS, is stepping down from his position on March 24.
  • After three years at the helm of the company, Mr. Carrier has informed management that he wishes to pursue new challenges.
  • Pierre Karl Péladeau, President and Chief Executive Officer of Quebecor, thanked Martin Carrier for his contribution to the company.
  • "I leave with the knowledge that MELS is on the right track," said Martin Carrier.

Live Streaming Continues to Grow in Canada Despite Pandemic Roadblocks

Retrieved on: 
Wednesday, August 17, 2022

HACKENSACK, N.J., Aug. 17, 2022 /PRNewswire/ -- The COVID-19 pandemic hindered much of Canada's live events and sports productions, leaving broadcasters and production houses looking for new ways to connect their audiences to content happening in the country and around the globe. LiveU delivered a complete live video solution – part of a REMI (remote production) workflow – that allowed crews to capture content anywhere in the world and share it with audiences in Canada without a huge crew or investment. This production revolution helped the company gain market share in Canada with many customer wins, high-profile production deployments, and new strategic reseller partners.

Key Points: 
  • This production revolution helped the company gain market share in Canada with many customer wins, high-profile production deployments, and new strategic reseller partners.
  • "At the beginning of the pandemic many productions were completely shut down, which crippled the industry in Canada.
  • We provided a REMI workflow solution that gave content creators a way to produce high-quality, reliable live programming, while adhering to COVID social distancing restrictions.
  • The company expects even more growth in Canada as corporate, government, and educational institutions leverage the technology to adopt live production into their internal/external communications.