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February 2, 2021 7:02 pm  #1

Bell Canada Enterprises (BCE) 4th Quarter Results on Thursday

BCE will be releasing their 4th quarter and year end results on Thursday.  Unfortunately they often don't get into much detail regarding Bell Media in terms of how profitable or not this division is. Maybe that will change this year. 

 A story from today stated that Bell Media's English language stations had a loss of $3.4 million on operations in 2019-20.  Not sure what they are talking about.  English language radio stations?  TV?  All English radio TV- stations?  Ad revenue was down 28% which I thought  would have been higher with the pandemic.  So regardless a loss of $3.4 million isn't really that much when you consider that BCE had revenues of $23.96 billion in 2019 and net income of $3.25 billion.  Bell Media is not really a large part of BCE revenues or profits it seems.