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September 03, 2015 11:53 PM ET

Media

Company Overview of Bell Media Inc.

Company Overview

Bell Media Inc., a multimedia company, provides television (TV), radio, out-of-home advertising, and digital media services in Canada. It engages in creating content and building brands that entertain, inform, engage, and inspire audiences through various platforms. The company also owns local TV stations; broadcasts various specialty television channels in English and French that offers sports, business, news, music, factual, entertainment, and other programs; and offers pay TV services. In addition, it operates radio broadcasting stations that provides music, news, weather, and sports, as well as information in the areas of local politics, events, entertainment, and other community issues;...

299 Queen Street West

Toronto, ON M5V 2Z5

Canada

Founded in 2001

Phone:

416-384-8000

Fax:

416-384-6491

Key Executives for Bell Media Inc.

Senior Vice President of Finance
Chief Executive Officer of Bell Canada, President of Bell Canada, Chief Executive Officer of BCE Inc and President of BCE Inc
Age: 53
President of CTV News
President of Astral Out-of-Home
President of French-Language TV & RDS
Compensation as of Fiscal Year 2015.

Bell Media Inc. Key Developments

Bell Media Appoints Randy Lennox as President of Entertainment Production and Broadcasting

Bell Media announced that Randy Lennox has been appointed as President of Entertainment Production and Broadcasting.

Bell Media Reports Earnings Results for the Second Quarter Ended June 30, 2015

Bell Media reported earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported revenues of $740 million, a 2.8% decrease over last year. Advertising revenue was impacted by the loss of NHL playoff broadcast rights on specialty sports services TSN and RDS, increased competition from large players in social media, and general softness in the conventional TV market. This was partly offset by advertising revenue generated from broadcast of FIFA Women's World Cup Soccer, which saw record audiences, growth in non-sports specialty services Space and Discovery, as well as solid growth at Astral Out of Home. Adjusted EBITDA increased 2.4% to $215 million. This was driven by a 4.7% reduction in operating costs from the loss of NHL playoff broadcast rights, lower U.S. programming costs and lower amortization of fair value of certain programming rights, which more than offset investments in CraveTV programming.

Bell Media Sales Appoints Stuart Garvie as President, Effective June 8, 2015

Bell Media announced the appointment of Stuart Garvie as President, Bell Media Sales, effective June 8. A senior advertising executive with more than 18 years of global experience in the media industry, Garvie will assume the responsibilities of Mary Ann Turcke, who was recently appointed President of Bell Media. He will oversee the leadership and strategic direction of Bell Media's national advertising sales across all platforms, namely conventional and specialty TV, radio, out-of-home, and digital. Garvie will be based at Toronto's 50 Eglinton office and will be a member of Bell Media's Senior Leadership Team. Before joining Bell Media, Stuart Garvie was the Chief Commercial Officer for GroupM Canada, a role in which he controlled and negotiated a $2 billion advertising budget across four of Canada's larger advertising agencies. Prior to this role, Garvie also held management positions in global media agencies.

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Recent Private Companies Transactions

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Merger/Acquisition
March 20, 2015
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Private Placement
October 1, 2014
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