Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers Classifieds

Corus profit margins lower, citing end of CEWS.

Briefs | 04/08/2022 5:01 pm EDT

Corus Entertainment Inc.‘s profits were hit by the loss of approximately $12 million in wage subsidies and regulatory fee relief that didn’t recur in 2022, as the consolidated profit margin dropped to 24 per cent from 31 per cent a year ago.

To keep reading, get a free trial.

Already a Subscriber?

Related Stories

Corus still feeling effects of advertising recession

News | 01/13/2023 5:43 pm EST

Corus Entertainment Inc. president and CEO Doug Murphy said an “advertising recession” is the cause for a decline in revenues seen this quarter. “This is clearly visible in our revenue...

Broadcasters want policy direction on C-11; streamers want their algorithms left alone

News | 09/15/2022 7:51 pm EDT

Canadian broadcasting executives, from companies both big and small, told Senators studying the government’s efforts to update the Broadcasting Act that they would like to see a draft of the policy...

Corus revenue up, profit down

Briefs | 06/29/2022 5:18 pm EDT

For the three months that ended on May 31, Corus Entertainment Inc.'s overall revenue was up to $433.5 million from $403 million this time last year, according to the company's third quarter results...

Reuse & Permissions

Unauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact:

Customer Care, 613-688-8821 | subscriptions@hilltimes.com