Nov 04, 2009

TORONTO -- Canadian TV ratings king CTVglobemedia continues to sustain losses on lower ad revenue during the economic downturn. Minority shareholder Torstar Corp. on Wednesday said its share of the Canadian broadcaster's loss during the third quarter to Sept. 30 quadrupled to CAN$13.6 million ($12.7 million), compared to a loss of CAN$2.8 million in 2008. Privately-held CTVglobemedia, which operates the CTV national TV network and the Global and Mail national newspaper, offset...More