RADIOMUTUEL SHOWS JUMP IN EARNINGS
By Adnews Staff
Radiomutuel of Montreal has reported a 29% increase in earnings for the nine-month period ending May 31. Earnings were $58.9 million, compared to $45.8 million during the same period last year. Operating income was $13 million, compared to $9.5 million last year. Radiomutuel operates the Radio-Energie network and its eight FM radio stations and three AM radio stations. It is co-owner of the Radiomedia Information Network, stations CKAC and CHRC. In addition, the company operates the music video stations, MusiquePlus and MusiMax, the Canal Vie television station and the Societe en Commandite d'Affichage Omni.
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