Quebecor Media Q1 profit jumps 42.7%

Quebecor Media, the magazine, cable, new media and newspaper arm of Quebecor Inc. has announced an increase of its first quarter profit by 42.7 per cent to $58.8 million. It posted overall revenues of $877.1 million in the first quarter of this year, up 16.8 per cent over the same period last year."Once again, the excellent results were driven by sustained growth in the cable segment, which