Quebecor Media Inc. subsidiary Group TVA Inc. recorded a net income of $9.4 million in the fourth quarter of 2012, TVA said Thursday. In a financial report, the company said net income for the period ended Dec. 31, 2012, was lower than the fourth quarter of 2011, which totalled $11.5 million. Operating income for its television segment in the fourth quarter, TVA said, was up by 5.6 per cent to reach $19.1 million. TVA said the growth was due to “positive impact on operating income of the deconsolidation of the results of SUN News since July 1, 2012.” Total operating income for 2012 also decreased, the company said, going from $50.5 million in 2011 to $45.6 million this year. The company said operating income in its publishing division was also down by 27.2 per cent to $1.9 million in the fourth quarter. “The Television segment’s fourth quarter 2012 financial results were impacted by the decrease in TVA Network’s advertising revenues, which were flat for fiscal 2012 as a whole,” Pierre Dion, TVA’s president and CEO, said in a statement. "The combined market shares of TVA Group's channels grew by 6.3% to 33.5 shares for the period of October 1 to December 31, 2012. The total revenues of our French-language specialty services grew 21.3% in the fourth quarter of 2012 and 33.6% in 2012 as a whole."