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CRTC CPE deferral will mean revenue in 2023: Corus CEO

Media | 01/13/2022 5:07 pm EST

Corus Entertainment Inc. CEO Doug Murphy reiterated a long-standing call Thursday for the CRTC to relax both its Canadian content and ownership concentration regulations in the age of the COVID–19 pandemic. "We need to catch up [with the United States] as an industry,...

Corus TV revenues up, radio down

telecom | 01/10/2020 5:42 pm EST

Corus Entertainment Inc. this morning reported television revenue either in line or slightly higher than analyst estimates, while “offset by lower than expected” radio revenues, according to RBC analyst Drew McReynolds.  Television revenues went up marginally from $426.2 million in the three months that ended on Nov. 30 in 2018 to $429.9 million for the same period in 2019, Corus reported in its first quarter earnings.  The slight uptick in television revenue came alongside a similarly-sized downtick in radio...

Corus makes case for Teletoon, Historia, Séries+

Media | 11/05/2013 8:17 pm EST

Corus Entertainment Inc. told CRTC commissioners that it is in the best interest of the Canadian broadcast industry that it acquire control of Teletoon Canada, Historia and Séries+ from BCE Inc. “We are here to...

Corus profits down as rock radio stations take a hit

Media | 10/24/2013 8:50 pm EDT

Corus Entertainment Inc.’s fourth-quarter profits nearly halved in 2013 as the company’s radio stations in the key Toronto and Edmonton areas “underperformed” due to poor audience ratings, the company said....

CRTC dives into TV review, says public complaining about channel packaging

Media | 10/24/2013 7:10 pm EDT

The CRTC officially launched its public consultation on television services, asking the public for input into questions related to the Conservative government’s promise to unbundle television...

Bohm to lead Nelvana

Media | 07/26/2013 3:25 pm EDT

Corus Entertainment Inc. named Colin Bohm to run its children’s programming specialty services Nelvana Studios and Nelvana Enterprises, the broadcaster said. In a release Wednesday, Corus said it appointed Bohm as vice-president of television and head of its Corus kids division. The company...

Corus to shuffle executive ranks

Media | 07/18/2013 8:51 pm EDT

Corus Entertainment Inc. outlined changes to its executive team as it prepares to more closely align its television and radio businesses, the company said. In a release Tuesday, Corus said it will appoint Doug Murphy as the company’s new executive vice-president and chief financial officer, effective Sept. 1. Murphy, currently the company’s executive vice-president and president of Corus Television, will report to Corus CEO John Cassaday, the company said. According to the release, Corus will make other changes to its executive leadership team, primarily by adding responsibilities to existing executives’ portfolios. “The changes capitalize on our strengths and streamline decision-making across our Television and Radio businesses, as we prepare for the integration of our new assets, and grow the Corus brand in Canada...

Industry must be ‘united’ going into CRTC’s TV review: Cassaday

Media | 07/11/2013 9:17 pm EDT

Canada's largest media companies should head into the CRTC's upcoming TV policy review with a “united view” to avoid new regulations, said Corus Entertainment Inc. chief executive John Cassaday. On a conference call with analysts Thursday for the company's third-quarter earnings, Cassaday said he...

Corus profits fall 3% on softer advertising

Media | 07/11/2013 8:55 pm EDT

Corus Entertainment Inc. reported lower TV and radio profits in part due to a softer advertising market. According to its third-quarter financial results for the three-month period that ended May 31, 2013, reported on Thursday,...

Tories pull advertising, news services from CETA cultural exemption

Media | 07/08/2013 8:17 pm EDT

The Conservative government removed advertising and news agencies from its “cultural industries” exemption in the free trade deal being negotiated with the European Union, according to an internal German analysis of the agreement. Negotiators are meeting in Ottawa this week to discuss the Comprehensive Economic...

Indications of an ‘audacious’ Bell-Astral decision, analyst says

Media | 06/14/2013 8:49 pm EDT

Following the CRTC's wireless code decision last week, the regulator may make a second “audacious” regulatory decision on BCE Inc.’s proposed $3.38-billion acquisition of Astral Media Inc., Veritas Investment Research said. Veritas analysts Neeraj Monga and Desmond Lau, in a research note Thursday,...