Corus boasts 600,000 paid streaming subscribers; revenues up 15% in Q3

TORONTO — For its fiscal third quarter ended May 31, 2021, Corus Entertainment enjoyed strong year-over-year revenue growth as the company saw recovery in its advertising revenue and also added a significant number of paying subscribers on its streaming platforms, which includes StackTV and Nick+. As of today, Corus has 600,000 paid streaming subscribers, an increase from the more than 500,000 paying subscribers it had as of April 9, 2021, when it reported its Q2 2021 results. (Corus has added roughly 100,000 paying subscribers on its streaming platforms every three months since January 2021.) Company executives said about 80% of...