HIGH REVENUES FOR WIC
By Adnews Staff
WIC Western International Communications has reported the highest revenues ever achieved by the company for a nine-month period. TV sales were a record high of $200 million, a growth of 8% over the same period last year. Pay-television revenues were $23 million, up from $21 million last year. Radio revenues were up 9% to $47 million. WIC also owns 53.7% of Canadian Satellite Communications which saw revenues go up 12% from last year, to $58.5 million. Net earnings for the nine-month period increased to $18.5 million, compared with $11.1 million last year.
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