Etiket: Corus
Corus CEO sees signs of improving advertising demand
(Toronto) Corus Entertainment’s CEO says the broadcaster is starting to see signs of improving advertising demand after a rocky 2023, but it’s too early to predict the timeline for a…
Corus announces the end of ET Canada
It’s the end of the entertainment show AND Canada. After 18 seasons, the program is being pulled the plug due to a “challenging advertising environment,” parent company Corus Entertainment announced…
Corus Entertainment sells its subsidiary Toon Boom Animation for 147.5 million
(Toronto) Corus Entertainment said Thursday it has signed a deal that will see it sell its Montreal-based animation software division to Integrated Media Company (IMC) for $147.5 million in cash.…
Third quarter | Corus posts loss and declining revenue
(Toronto) Corus Entertainment posted a loss for its most recent quarter on Thursday, after posting a profit in the same period last year, as it recorded a non-cash impairment charge…
Corus Entertainment lost 15.5 million in the 2nd quarter
(Toronto) Corus Entertainment posted a loss for its second quarter on Thursday, after posting a profit for the same period last year, while its revenues fell 5%. Posted yesterday at…
MK Han Dong wants to sue Global and Corus
Targeted by allegations of Chinese interference in Canada, independent MP Han Dong has initiated legal proceedings against the Global network and its owner, Corus Entertainment. In a statement released Monday,…
Fourth quarter | Corus records losses of 367.1 million
(Toronto) Corus Entertainment posted a $367.1 million loss in the fourth quarter due to a one-time non-cash charge related to its television business which it said was lower than previous…