Despite revenue increasing 6% to C$529.4 million, Transcontinental Inc. posted a quarterly loss of C$106.2 million in the most recent quarter, compared with a net income of C$32 million in the same quarter a year ago, effectively a reversal of C$139. As a result, says a Reuters report, the company took a non-cash, non-operational impairment charge of $180 million. The loss is attributed to a broad slump in advertising spending in the TC Media unit, which publishes daily and community newspapers and magazines and French-language educational resources.
Friday, June 08, 2012
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Magazine-related sites & blogs
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- Geist magazine
- Punch in Canada
- National Magazine Awards Foundation blog
- Quillblog (Quill & Quire)
- Impresa Communications Limited
- And Now the Details (Jeff Dworkin)
- Ryerson Magazine Publishing Certificate
- Abacus Circulation Inc.
- IPOsgoode (intellectual property site)
- National Magazine Awards
- Canadian Writers Group (agency)
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- Canadian Society of Magazine Editors
- Magazines Canada
- ABC Canada Literacy Foundation
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- National Advertising Benevolent Society (NABS)
- Kenneth R. Wilson Awards
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