Thursday, November 03, 2011

Fox News North Officially A Money Loser

 The launch of new specialty cable networks, including Sun News and a new French-language sports channel, has pushed TVA Group Inc. (TVA.B-T10.01-0.18-1.77%) into the red.


The combined revenues of Sun TV and Sun News have dropped 86 per cent since the news channel launched in April.


He predicted the specialty channels would reach profitability in three to five years...

In three to five years Sun TV will be a fading memory, like a particularly ugly fart you smelt walking into an elevator.  Or Karl Peladeau's version of the National Post, a vanity publication kept afloat with personal money and by cannibalizing Quebecor's print publications.  I'm not sure which fate I prefer.  I still have piles of Ezra jokes I haven't used yet.


Steve V said...

"3-5 years" is investor code for "this dog may never work". I think stubborness will keep SunTV on the air, ideological commitment, not fundamentals.

pogge said...

Don't overlook its value as a distribution channel for wingnut welfare. Want to reward a loyal activist? Give him his own show for a year to two.

Holly Stick said...

I guess Kory Teneycke is still with it, though he's kept out of the news lately. I wonder if Donna Laframboise still hopes to get a job there bashing David Suzuki?

You've heard about her new book? Here's a couple of reactions:

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