Stronger TV ad market boosts Q1 revenues at Corus

TORONTO – A “strong” fall television schedule generated an uptick in TV advertising revenues which in turn helped to lift first quarter revenues at Corus Entertainment, the company said Friday.Consolidated revenues for the three months ended November 30, 2018 were $467.5 million, up 2% from $457.4 million last year, and consolidated segment profit was $191.6 million, an increase of 8% from $177.9 million in Q1 2018.Net income attributable to shareholders for the period fell to $60.4 million from $77.7 million last year, and included business acquisition, integration and restructuring costs of $13.2 million. Adjusting for the impact of this item,...