Bell Canada Enterprises Inc. (BCE) released their second quarter 2023 results today.  Bell Media is included in the release and there were a few interesting nuggets.  Also interesting in the release, no mention of radio. 

Crave increased subscribers 5% to 3.2 million
Digital now makes up one third of Bell Media's revenues
Operating revenue for Bell Media was down 1.9% to $805 million.  Ad revenue remains soft, down 9%.
TSN had 1.34 million viewers for the Canadian Grand Prix and 2.35 million for the final round of the Canadian Open
EBITDA (earnings before interest, taxes, depreciation, amortization) was down 5.3% to $214 million
Net earnings for BCE were down over 39% to $397 million for the quarter. 

Here is the release....https://www.newswire.ca/news-releases/bce-reports-second-quarter-2023-results-810298233.html

Last edited by paterson1 (August 4, 2023 4:41 pm)