Former Rogers Communications Inc. CEO Nadir Mohamed will lead a new venture-capital fund created by the Ontario government, the office of Premier Kathleen Wynne said on Monday. Mohamed will lead a council of about 30 business leaders and entrepreneurs tasked with managing Scale Up Ventures, a $50-million fund for startup companies that "have shown initial market success and that demonstrate strong growth potential," the premier's office said in a press release. Mohamed was replaced as Rogers' CEO by Guy Laurence in December 2013. Laurence is also on the council that will...
Corus Entertainment Inc. on Monday announced that Doug Murphy taken over the job of president and CEO from John Cassaday, who has retired after 15 years in this role. The appointment follows the succession plan that was first announced by Corus in January. Corus said in a press release Monday that Murphy has been with Corus since 2003 in a variety of positions, most recently as chief operating officer. Before that, he spent 10 years with Walt Disney Co. in different senior executive roles in Canada, the United States and Japan, Corus said....
Corus Entertainment Inc. said Tuesday its revenues in the three-month period ending Nov. 30 were $227 million, up from $226 million in the same period a year earlier. It reported profits of $93.28 million, compared to $92.28...
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...
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...