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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...

Shaw Media carries Corus to 99% revenue increase in Q4

Media | 10/19/2016 8:55 pm EDT

Corus Entertainment Inc. reported Wednesday a 99 per cent increase in revenues for the fourth quarter, despite a decline in radio revenues. The three-month period, which ended August 31, saw Corus close with total revenues for both television and radio of $384.4 million, compared to $193.5 million in the same period last year, before it bought Shaw Communications Inc.’s media division. Profit was up 90 per cent to $105.3 million for both segments, from $55.4 million compared to last year. Television revenues carried the heavy lifting there, increasing 125 per cent...

Corus CFO Tom Peddie retiring, Telus’ John Gossling coming on

telecom | 06/08/2016 6:20 pm EDT

Tom Peddie, Corus Entertainment Inc.’s executive vice-president and chief financial officer, has announced his retirement, the company said Wednesday. Peddie’s retirement, which is effective at the end of August, comes after 17 years with the company. “Tom is a very talented finance executive and...

Doug French replaces John Gossling as Telus CFO

telecom | 05/16/2016 4:51 pm EDT

Telus Corp. said Monday it has appointed Doug French as executive vice-president and chief financial officer, while former CFO John Gossling is leaving the company to “seek other opportunities.” Though the move...

Quebecor adds spectrum, still non-committal on national expansion

telecom | 05/12/2015 2:43 pm EDT

Quebecor Inc. is still publicly sitting on the fence when it comes to expanding its wireless service throughout Canada despite bidding $187 million on 2500 MHz spectrum, including for licences outside...

More than 40% of Telus TV subs don’t get sports channels: Gossling

Media | 01/24/2014 9:25 pm EST

Less than 60 per cent of Telus Corp.’s Optik TV customers subscribe to a sports specialty channel, the company’s chief financial officer said. “If I ask people in the hall,...

Telus focusing on ‘economic impacts’ of Verizon entry, lobbying to change auction rules

telecom | 07/24/2013 8:32 pm EDT

Telus Corp.’s summer lobbying efforts will focus on the “potential economic impacts” of allowing a large foreign provider like Verizon Communications Inc. to enter Canada’s wireless market, said John Gossling, the company’s chief financial officer. “We’re putting a lot of effort into it. Really, all we can do is try to have the government understand exactly what the impact is going to be,” Gossling said Tuesday in a telephone interview. “There’s a lot of potential economic impacts … It doesn’t appear on the surface that they’ve completely thought [it] through.” Incumbent providers Telus, BCE Inc. and...