Profits for Canadian television broadcasters up 40% in 2010

Operating revenues in the Canadian television broadcasting sector reached $7.1 billion in 2010, up 8.0% from 2009 according to a report out today by StatsCan. This was the largest annual increase since 2003.

Profits before interest and expenses was $841.4 million, up a massive 40% from the $600.8 million earned in 2009.