Share this article Share this article MONTREAL, May 10, 2021 /CNW Telbec/ - TVA Group Inc. ("TVA Group" or the "Corporation") announced today that it recorded operating revenues in the amount of $140.8 million in the first quarter of 2021, a year-over-year increase of $3.7 million. The net loss attributable to shareholders was $4.5 million or $0.10 per share, compared with a net loss attributable to shareholders of $0.7 million or $0.02 per share for the same quarter of 2020. First quarter operating highlights: Consolidated adjusted EBITDA 1 of $2,136,000, a $6,371,000 unfavourable variance from the same quarter of 2020. $3,421,000 in negative adjusted EBITDA 1 in the Broadcasting segment, a $7,250,000 unfavourable variance due primarily to a decrease in profitability at "TVA Sports," which recorded a significant increase in costs as a result of the change in the broadcast schedule for the National Hockey League ("NHL") 2020-2021 season, partially offset by increased profitability at TVA Network and commercial production activities.