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TAGGED AS CORUS ENTERTAINMENT INC.

Videology adds Rogers linear TV inventory to programmatic space

Media | 06/08/2016 9:19 pm EDT

Advertisers will now have access to Rogers Communications Inc.’s linear TV inventory for programmatic, or automated, advertising, Videology Inc. said in a Wednesday press release. The New York-based software provider said it will integrate Rogers’ linear TV inventory into its new software, giving Rogers’ clients a data-driven approach to its ad choices with the intention of making them more effective. “Bringing the precision of digital video to linear TV is a requirement in our converging world and a huge step in delivering the promise of addressability-at-scale...

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 business leader,” Doug Murphy, Corus president and CEO, said in a press release. “Throughout his distinguished career at Corus, he has consistently delivered exceptional financial leadership and valued strategic input as we have grown the business.” Peddie’s tenure with the company coincided with its launch in 1999 as a publicly traded company and...

Heritage’s CanCon review could take a decade to play out, panel hears

Media | 05/05/2016 10:06 pm EDT

OTTAWA — The results of the sweeping review of Canadian content in a digital age announced by Heritage Canada last week could take 10 years to materialize, University of Ottawa law professor...

Sweeping government review to include CRTC, Broadcast Act, CanCon

Media | 04/25/2016 10:56 pm EDT

Industry insiders and observers are calling Canadian Heritage’s impending study of Canadian content in the digital age — which could potentially affect CBC/Radio-Canada, legislation like...

Corus working on programmatic ads for linear TV

Media | 04/20/2016 8:09 pm EDT

Corus Entertainment Inc. said Wednesday that it plans to launch programmatic, or automatic, ad-buying for traditional TV. “Corus will be the first Canadian broadcaster to commit to bringing programmatic TV advertising...

Corus sells rights for ‘classic’ Nickelodeon series to Netflix

Media | 04/15/2016 3:25 pm EDT

Corus Entertainment Inc., which holds to the Canadian rights to Viacom Inc.’s Nickelodeon content, said it has sold the digital streaming rights for a number of shows to Netflix...

Corus radio, TV revenue up 3%: Q2

Media | 04/13/2016 5:50 pm EDT

Corus Entertainment Inc. reported Wednesday a three-per-cent rise in revenue in the second fiscal quarter of 2016 to $197.7 million, up from $191.5 million the same period a year earlier. In the three months ended Feb. 29, Corus said it saw its profits rise 33 per cent to $79.6 million, up from $59.7 million the same period a year earlier. Corus said its TV subscriber revenue increased five per cent during the quarter, but specialty advertising revenue fell eight per cent. “We have delivered revenue and segment profit growth for the second consecutive quarter, driven by the launch of new specialty television services and digital distribution revenues,” Doug Murphy, CEO of Corus, said in a press release about the results. “With the completion of our transformational acquisition of Shaw Media on April 1,...

Corus closes Shaw Media deal, announces new exec slate

Media | 04/01/2016 5:14 pm EDT

Corus Entertainment Inc. has closed its $2.65-billion acquisition of Shaw Communications Inc.’s media division and appointed a team of executive vice-presidents for the combined company....

Deirdre Brennan joins Corus Kids as VP of content

Media | 03/24/2016 6:45 pm EDT

Corus Entertainment Inc. announced Wednesday it has appointed Deirdre Brennan as the new vice-president of content for its Corus Kids division. It said in a press release that Brennan will “oversee all content aspects of...

CRTC approves Shaw-Corus deal, with no tangible benefits

Media | 03/23/2016 10:37 pm EDT

The CRTC has approved the acquisition of Shaw Communications Inc.’s media division by Corus Entertainment Inc., and decided not to require Corus to pay any tangible benefits, a contribution...

CRTC extends TV renewal application deadline

telecom | 03/10/2016 5:40 pm EST

The CRTC announced Thursday it is extending the deadline to submit applications for TV licence renewals that will expire in 2017 to April 18. It said that the commission received requests from BCE Inc., Corus Entertainment Inc.,...

Corus votes in favour of Shaw Media acquisition

Media | 03/09/2016 10:02 pm EST

Corus Entertainment Inc. announced Wednesday it has voted in favour of acquiring Shaw Communications Inc.’s media division at a shareholders' meeting in Toronto. “Corus’ shareholders have spoken, voting in...

Catalyst opposition unlikely to affect Shaw Media sale: analyst

telecom | 03/07/2016 10:24 pm EST

The pressure Catalyst Capital Group Inc. has been applying on Corus Entertainment Inc. shareholders to vote down a proposal to purchase the media division of Shaw Communications Inc. isn't likely...

Media division sale shouldn’t trigger tangible benefits: Shaw

Media | 02/23/2016 8:16 pm EST

Shaw Communications Inc. told the CRTC that the sale of its media division to Corus Entertainment Inc. shouldn’t result in any tangible benefit payments, because “both...

CMPA asks for ‘competitive safeguards’ in Shaw-Corus deal

Media | 02/22/2016 10:05 pm EST

The Canadian Media Producers Association (CMPA) asked the CRTC to put in place “competitive safeguards” as part of its approval of Shaw Communications Inc.’s sale of its media...

CRTC extends deadline in Shaw-Corus consultation

Media | 02/11/2016 6:48 pm EST

The CRTC said Thursday it has extended the deadline in its consultation on Shaw Communications Inc.’s sale of its media division to Corus Entertainment Inc. to Feb. 18. The previous deadline was Feb. 15. The companies announced the proposed $2.65 transaction last month....

Shaw to keep Wind’s current strategy in place: exec

telecom | 02/09/2016 9:51 pm EST

As it takes ownership of Wind Mobile, Shaw Communications Inc. will continue positioning Wind as a cheaper option compared to the big three national wireless carriers, according to the company’s chief operating officer....

CMT not required to play country music: CRTC

Media | 02/04/2016 10:10 pm EST

The CRTC has approved a request that releases Country Music Television Ltd. (CMT) from its obligation to broadcast country music videos. In a decision posted to its website on Thursday, the commission agreed with the majority of...

CRTC opens consultation on Shaw-Corus deal

Media | 01/21/2016 8:12 pm EST

The CRTC on Thursday acknowledged receipt of an application from Shaw Communications Inc. to sell its media division to Corus Entertainment Inc., and said interested parties have until Feb. 15 to file submissions on the matter....

Corus seeks cash for Shaw Media purchase

Media | 01/19/2016 9:33 pm EST

Corus Entertainment Inc. said Tuesday it intends to offer a round of "subscription receipts" as a way to raise money to partially fund its recently announced purchase of Shaw Communications Inc.'s media division....

Telecoms to feel economic headwinds: analyst

Media | 01/18/2016 7:33 pm EST

Barclays Capital analyst Phillip Huang said Monday that providers of telecommunications services in Canada will feel the effects of the struggling economy. He said in a research note that most of repercussions from things such as the collapsing price of oil will be seen in services provided to business customers, as opposed to the consumer market where Internet and wireless services have become "more utility than discretionary."    Among the companies he covers, Huang said Manitoba Telecom Services Inc.'s exposure to the enterprise market is between 25 and 35 per...

Shaw revenue up on business services

Media | 01/14/2016 3:40 pm EST

Shaw Communications Inc. reported $1.42 billion in revenue in its first quarter, up from $1.39 billion in the same quarter last year. Shaw said Thursday that increase was due to growth in the consumer, business network...

Tangible benefits unclear for Corus-Shaw deal: expert

Media | 01/13/2016 8:18 pm EST

Regulatory approval of Corus Entertainment Inc.'s planned purchase of Shaw Communications Inc.'s media division shouldn't be a problem since there's no real change in who's controlling the assets, said one...

Jim Pattison Group appoints Ross Winters director of programming

Media | 12/16/2015 6:39 pm EST

The Jim Pattison Group announced Wednesday in a press release it has appointed Ross Winters as its new director of programming. It said in the release that Winters will support program directors who are responsible for programming and content on the company's 43 radio stations in Alberta, British Columbia, Saskatchewan...

Broadcasters advised to ‘pick their winners’ as pick-and-pay approaches

Media | 11/27/2015 9:58 pm EST

As the Canadian TV industry approaches an era where customers have more choice over the channels they subscribe to, large broadcasters should “pick their winners” and consolidate into a...

HBO deal bolsters CraveTV against Shomi, Netflix: experts

Media | 11/20/2015 10:15 pm EST

BCE Inc.’s move to acquire exclusive rights to HBO programming on all platforms and become the sole operator of HBO Canada will make its CraveTV over-the-top (OTT) service more competitive...

Rob Farina leaves Rogers after reported record label spat

Media | 11/20/2015 4:28 pm EST

Rob Farina has resigned as vice-president of content with Rogers Communications Inc.'s media division, the company has confirmed, following a report he called for a boycott of a record company he...

DHX signs deal with 7 international broadcasters

Media | 11/19/2015 4:18 pm EST

DHX Media Ltd. announced Thursday it has signed a distribution deal for one of its cartoon shows, called Endangered Species, with seven international broadcasters and video-on-demand (VOD) services. It said in the press release...

Corus version of Disney XD coming in December

Media | 11/09/2015 2:57 pm EST

Corus Entertainment Inc. said Monday that its version of kids' specialty channel Disney XD will start broadcasting in Canada in December. It will join its other Disney-branded stations, such as Disney Channel and Disney...

CRTC approves change of licence conditions for OWN

Media | 10/28/2015 6:42 pm EDT

The CRTC approved Wednesday an application from Corus Entertainment Inc. on behalf of OWN Inc., the Oprah Winfrey Network, to amend certain conditions of its broadcasting licence as well as its terms-of-trade agreement. The regulator said in the announcement that Corus had asked the CRTC to change the description of OWN from a national English-language specialty channel that provides formal and informal educational programming focusing on adult education, to a national English-language specialty channel that provides entertainment dedicated to women. It had also asked that a list of about a...

No new radio stations will be added in Hamilton and Burlington: CRTC

Media | 10/21/2015 7:59 pm EDT

CRTC announced Wednesday that the Hamilton, Ont. and Burlington, Ont. radio market cannot add any more commercial radio stations, turning away an application filed by Byrnes Communications...

Are apps the future of TV?

Media | 10/14/2015 4:30 pm EDT

In the past 18 months, Ottawa-based TV app-maker You.i TV has grown from 20 employees to 130, and the company expects that kind of expansion to continue in the next year, according to Matt Nelson, You.i TV’s director of marketing. “Basically, anyone who has a channel, anyone who has a...

Corus expands original content distribution to U.S. broadcasters

Media | 10/05/2015 3:51 pm EDT

Following Corus Entertainment Inc.’s announcement at MIPCOM, the global entertainment content conference, it said in a press release Monday that it has signed deals to distribute its original...

Corus releases two kids’ TV-everywhere apps

Media | 09/22/2015 3:58 pm EDT

Corus Entertainment Inc. said Tuesday it is launching the YTVGo and NickGO TV-everywhere apps, which will be available to subscribers of its YTV and Nickelodeon channels. “These apps give kids and families access to live...

You.i TV gets $15M in funding

Media | 09/14/2015 5:03 pm EDT

You.i TV, an Ottawa-based company making software for video applications, said Monday it has secured $15 million in funding, led by Los Angeles-based private-equity group Kayne Anderson Capital Advisors LP. The company said in a press release that its product, You.i Engine, "is a cross-platform app engine that simplifies and accelerates multi-platform app development. TV companies use it to build a custom app codebase that ties together all their backend technologies, while giving them unprecedented freedom from traditional front-end constraints." You.i TV said its projects include tablet and handset apps for Rogers Communications Inc. and Shaw Communications Inc.'s Shomi service, an iOS and Android app for Corus Entertainment Inc.'s Treehouse channel and a Crackle app for Roku Inc. devices....

Corus launches Disney Channel, expands Cartoon Network distribution

Media | 09/03/2015 9:12 pm EDT

Corus Entertainment Inc. said Thursday in two press releases it has launched the Disney Channel and expanded the distribution of its Cartoon Network. Disney Channel is now available in 10 million...

Corus channels permitted to end CBC affiliation

Media | 08/27/2015 4:13 pm EDT

Two Corus Entertainment Inc. television stations in Ontario have been permitted by the CRTC to disaffiliate themselves from CBC/Radio-Canada and instead operate with programming provided by BCE Inc.'s CTV network, starting...

Corus’ Disney Channel coming next month

Media | 08/11/2015 7:24 pm EDT

Corus Entertainment Inc. said Tuesday that its new Disney Channel will debut in Canada on Sept. 1. This follows news Corus announced in April that it had struck a deal with Walt Disney Co. for the rights to the U.S. company's content in Canada. Corus said in a press release Tuesday that the Disney Channel will feature shows such as K.C....

CRTC denies 2 radio transmitter applications for Vancouver

telecom | 08/07/2015 4:00 pm EDT

The CRTC on Friday denied two separate applications requesting to add FM rebroadcasting transmitters in Vancouver for better radio transmission quality from Four Senses Entertainment Inc....

Corus reports revenue decline for TV, radio

Media | 07/15/2015 3:12 pm EDT

Corus Entertainment Inc. on Tuesday reported declining revenue in its third quarter in both its television and radio operations, as it ended the period with a net loss of more than $8 million The company said in a press release...

Corus launches first kids’ app

Media | 06/29/2015 4:07 pm EDT

Corus Entertainment Inc. announced Monday the launch of TreehouseGO, its first kids' app in a "full suite" of TV Everywhere apps based on its kids' television brands. The company said in a press release that the launch of the apps is part of a move to expand Corus’ digital content. The release said the app is safe and easy to...

Game of Thrones breaks viewership records: Bell

Media | 06/24/2015 5:52 pm EDT

BCE Inc.'s Bell Media division said Wednesday that the June 14 season finale of Game of Thrones on HBO Canada broke a record for the most-viewed pay- or specialty-TV broadcast of all time in this country. It said there were...

Corus files to disaffiliate channel from CBC

Media | 06/19/2015 4:12 pm EDT

The CRTC published Friday notices from Corus Entertainment Inc. seeking approval to disaffiliate one of its Ontario TV channels, as well as its rebroadcasting transmitters, from CBC/Radio-Canada. Corus said it is getting into a...

Terms of trade called ‘effectively dead’ after court decision

Media | 06/01/2015 8:45 pm EDT

The Federal Court of Appeal on Friday dismissed the Canadian Media Production Association’s attempt to appeal the CRTC’s decision to eliminate terms of trade agreements, in what a former head of the organization said is a “huge disappointment to producers.” Norm Bolen, a consultant who negotiated the agreement during his time as CMPA president and CEO, said in a phone interview that he was “surprised and disappointed” by the decision. The terms of trade...

Corus gets CTV content for Ontario TV stations

Media | 05/21/2015 2:48 pm EDT

Corus Entertainment Inc. said Wednesday it has reached a deal with BCE Inc. to receive CTV programming for three TV stations in Ontario. It said in a press release CKWS-TV in Kingston, CHEX-TV in Peterborough and Channel 12 in...

CRTC never indicated terms of trade could be eliminated: CMPA

Media | 05/15/2015 5:51 pm EDT

The Canadian Media Production Association (CMPA) argued in documents filed Thursday in the Federal Court of Appeal that its challenge of a CRTC decision eliminating terms of trade should proceed...

DHX revenue almost triples over 1 year

Media | 05/14/2015 2:35 pm EDT

DHX Media Ltd. said Thursday that revenue for its third quarter ended March 31 almost tripled from a year earlier to $85.6 million from $29 million, thanks to a major acquisition and gains in its distribution and production...

Rogers, Corus seek dismissal of ‘terms of trade’ challenge

Media | 05/11/2015 8:09 pm EDT

Rogers Communications Inc. and Corus Entertainment Inc. are asking the Federal Court of Appeal to dismiss the Canadian Media Production Association's (CMPA's) challenge of CRTC's directive to eliminate the "terms of trade" agreement between the group and large broadcasters. Eliminating terms of trade...

Broadcasters, BDUs at odds over proposed wholesale code

Media | 05/08/2015 8:49 pm EDT

While many broadcasters and TV providers expressed support for the CRTC’s proposed changes to its wholesale code, which governs carriage agreements for TV channels, they took differing positions on whether the code should be mandatory and whether it should ban minimum penetration and revenue guarantees. In March, the CRTC said it would consult on a revised wholesale code of conduct, which would come into effect by September and “clarify the wholesale relationship between cable and satellite companies and broadcasters, and ensure the fair negotiation of terms and conditions for the...

Nadir Mohamed to lead venture-capital fund

Media | 04/27/2015 7:24 pm EDT

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...

Corus seeks more flexibility for OWN

Media | 04/24/2015 5:40 pm EDT

In the wake of the CRTC's recent changes to specialty-TV genres, Corus Entertainment Inc. has applied to change the licence conditions of the Oprah Winfrey Network (OWN), which it has the licensing rights for in Canada. In a...

Jean-Pierre Blais to speak at Banff conference in June

Media | 04/17/2015 8:00 pm EDT

CRTC Chairman Jean-Pierre Blais will give the keynote address to the Banff World Media Festival on June 7, according to a press release from the organizers of the event. Blais will speak to the...

Corus strikes deal with Disney

Media | 04/16/2015 2:33 pm EDT

Corus Entertainment Inc. said Thursday it has signed a long-term licensing agreement with Walt Disney Co. giving it the rights to distribute Disney content across Canada in both official languages. Disney had a previous agreement...

Corus reports Q2 loss

Media | 04/09/2015 2:37 pm EDT

Corus Entertainment Inc. reported an $86.8 million loss for its second fiscal quarter, attributed largely to writedowns in the value of radio-broadcast licences and other associated goodwill charges. The company said in a press release Thursday that this compared to a profit of $6.1 million in the...

Corus puts Mario Cecchini in charge of radio

Media | 04/01/2015 4:45 pm EDT

Corus Entertainment Inc. on Tuesday said it has made Mario Cecchini president of Corus Radio, effective immediately. Corus CEO Doug Murphy said in a press release that Cecchini has more than 25 years of experience in the radio...

Corus gets multi-platform rights to Nickelodeon content

Media | 04/01/2015 3:30 pm EDT

Corus Entertainment Inc. said Tuesday it has secured a long-term agreement with Viacom Inc.'s Nickelodeon division to secure the exclusive Canadian rights to its content for television in digital...

Doug Murphy takes over as Corus CEO

Media | 03/30/2015 8:06 pm EDT

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...

Telecoms will adjust to pick-and-pay regime, analysts say

Media | 03/20/2015 9:10 pm EDT

Financial analysts reacting to the CRTC’s new pick-and-pay rules say they don’t expect the decision to have a major impact on the industry, though the broadcasting side of the business is more vulnerable than TV distribution. Troy Crandall, a telecom analyst with 3Macs, said in a phone interview Friday that pure broadcast distributors, such as Telus Corp. and Cogeco Cable Inc., will be least affected, while companies focusing on content, such as Corus Entertainment Inc., will see the biggest impact. The CRTC announced Thursday that TV providers must offer a skinny basic...

Piracy, Netflix giving ‘false expectations’ about content cost: Crull

Media | 03/05/2015 10:10 pm EST

OTTAWA — Kevin Crull, president of BCE Inc.'s media division, said Thursday that monetization is currently his organization's biggest challenge, given the usage of over-the-top (OTT)...

Friends of Canadian Broadcasting at odds with Bell over TV ad

Media | 02/25/2015 9:54 pm EST

Advocacy group Friends of Canadian Broadcasting say a television ad was turned down by Canada’s largest broadcasters, yet at least one company says it has no record of the denial. In the...

Corus numbers up slightly, CEO announces retirement

Media | 01/13/2015 4:16 pm EST

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...

HBO offering standalone OTT service in 2015

Media | 10/15/2014 3:18 pm EDT

Home Box Office (HBO) Inc. will offer an over-the-top service that does not require a paid TV subscription in 2015, CEO Richard Plepler reportedly said on Wednesday. Multiple media outlets reported that Plepler, speaking at an...

HBO Canada puts past seasons online

Media | 09/04/2014 8:58 pm EDT

HBO Canada, which is owned by BCE Inc. and Corus Entertainment Inc., said Thursday it has obtained rights to past season libraries of all currently airing HBO shows. “For the first time ever, every episode of every season of all current HBO scripted programming will be available on HBO Canada linear and non-linear platforms,” the companies said in a press release. That means all past seasons for shows like True Detective, Game of Thrones and Girls will be made available immediately to subscribers of The Movie Network and Movie Central. “The deal includes the rights to more...

Shaw’s Paul Robertson dies at 59

Media | 09/03/2014 2:27 pm EDT

Shaw Communications Inc. announced Wednesday that Paul Robertson, president of Shaw Media, has died at 59. Robertson spent more than 30 years in the media industry, according to his LinkedIn page, serving in his current position since 2010 after spending 11 years at Corus Entertainment Inc., including time as president of that company’s...

Netflix-Disney deal expected to hit movie channels, BDUs

Media | 07/17/2014 9:11 pm EDT

A deal between Netflix Inc. and Walt Disney Co. that will see Walt Disney Studios’ movies appear on Netflix’s Canadian streaming service as soon as eight months after they hit...

Corus gets relief on Canadian programming provisions

Media | 07/11/2014 4:19 pm EDT

Corus Entertainment Inc. was granted amendments to its broadcasting licences for Teletoon, Teletoon Retro, Historia and Séries+ regarding minimum amounts to be spent on Canadian programming. The licences state that the...

Corus reports loss, TV earnings up

Media | 07/10/2014 1:52 pm EDT

Television and radio production house Corus Entertainment Inc. on Thursday reported a loss of $30 million in the third quarter of its fiscal year, although revenues were buoyed by its recent TV acquisitions including Teletoon....

Carol-Ann Kairns joins Corus

Media | 05/27/2014 7:55 pm EDT

Carol-Ann Kairns is the new general sales manager at Corus Entertainment Inc.  The company said in a press release Tuesday that Kairns would oversee advertising sales and revenues for Corus’ Historia,...

Price hikes for sports in pick-and-pay ‘big concern’: CMPA lawyer

Media | 05/01/2014 9:14 pm EDT

OTTAWA — The CRTC would be unlikely to intervene if a move to pick-and-pay television caused price increases, said Reynolds Martin, chief negotiator and chief legal officer at the Canadian Media...

Lynn Chambers joins VP ranks at Corus

Media | 04/22/2014 6:39 pm EDT

Corus Entertainment Inc. announced last week that it had appointed Lynn Chambers as vice-president of client marketing in its TV-sales division. The company said in a press release that Chambers had been vice-president of custom...

Two third-language TV channels approved

Media | 04/14/2014 5:54 pm EDT

The CRTC on Monday said it has approved two third-language television stations, and both were granted permission to use local advertising for six of the 12 permitted hourly minutes of advertising. One station approved will be...

Corus profits up after Teletoon acquisition

Media | 04/10/2014 2:40 pm EDT

In its first quarterly report since the company took full control of the Teletoon channel and two Ottawa radio stations, television and radio broadcaster Corus Entertainment Inc. reported revenues up more than 10 per cent from the same period a year earlier. Corus posted a profit of $59.3 million on revenues of $191.4 million in its second-quarter report, released Thursday, up from $51 million and $172.6 million in the second quarter of last year. The company closed two TV acquisitions in the second quarter, buying the 50 per cent of Teletoon it did not own from BCE Inc. on Jan. 1, as well as taking over Historia and Series+, which were jointly held by BCE and Shaw Communications Inc., at the start of the new year. The owner of YTV and W Network, as well as the Canadian distribution...

Corus re-branding TLNE as Univision Canada

Media | 01/28/2014 7:15 pm EST

Telelatino Network Inc., a private corporation owned by Corus Entertainment Inc., is rebranding its specialty channel TLN en Español as Univision Canada, the company said in a release Tuesday. Corus said it had reached a...

CRTC approves Corus acquisition of two Bell radio stations

Media | 01/24/2014 6:19 pm EST

The CRTC has approved an ownership transfer of two Ottawa radio stations from BCE Inc. to Corus Entertainment Inc., the commission said in a decision Friday. The stations involved are CKQB-FM, known...

Corus earnings rise on TV subscriptions, ads

Media | 01/14/2014 3:46 pm EST

Television and radio broadcasting company Corus Entertainment Inc. reported higher first-quarter earnings compared to a year earlier as it recorded gains in TV advertising and subscription revenue. The owner of TV stations such...

Duncombe to head Corus Radio’s new media activities

Media | 07/03/2013 9:18 pm EDT

Corus Entertainment Inc. appointed Chris Duncombe director of new media at Corus Radio, the company said. In a release Tuesday, Corus said Duncombe will provide “overall strategic leadership and management to Corus...

CRTC approves BCE purchase of Astral, applies new safeguards

Media | 06/27/2013 8:07 pm EDT

The CRTC approved BCE Inc.’s reworked application to purchase Astral Media Inc. for $3.38 billion, with conditions that raise the company’s contributions to Canadian broadcasting by $72 million and apply additional regulatory checks on BCE’s market power. The regulator said in a decision Thursday that it approved the deal while adding regulatory safeguards as conditions that will be put into BCE’s broadcast licences. The CRTC said it will hike BCE’s tangible benefits package related to the deal—which requires the company to commit to projects that benefit...

Profits tumble at Corus

Media | 04/11/2013 9:01 pm EDT

Profits attributable to shareholders for Corus Entertainment Inc. fell to $5.9 million in the second quarter of 2013, down from $31.6 million in the same period a year earlier, the company said Thursday. In a financial earnings report, Corus said revenues were $183.7 million in the second quarter, down from $205.7 million in the same period of 2012. TV revenues, Corus said, were down 12 per cent during the quarter to...