Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers

Broadcasters moving ahead with more diginets, despite poor performance of existing digital services

News | 02/28/2003 5:00 am EST

Canadian broadcasters are prepping for the launch of yet more digital specialty television channels, even though the roughly 50 services already on air have sustained multi-million dollar losses. CanWest Global Communications Corp., whose six diginets led the broadcasting sector going in the red with a combined pre-interest/tax loss of $29.4 million in the year ended Aug. 31, 2002, is one broadcaster planning to pump out more channels. It plans to go live with the jazz-based digital service CoolTV within the next three months.

To keep reading, get a free trial.

Already a Subscriber?

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com