Corus credits Disney Channel launch for Q1 revenue gain

TORONTO – Gains in its television division helped to lift first quarter revenues at Corus Entertainment by 1%, the company announced Wednesday.For the first quarter ended November 30, 2015, net income attributable to shareholders was $41.3 million, down from $51.9 million year-over-year, and included business acquisition, integration and restructuring costs of $2.4 million, though excludes amortization of Pay Television assets reclassified as assets held for disposal of $1.4 million. Adjusting for the impact of these items results in an adjusted net income attributable to shareholders of $42.5 million in the quarter.Consolidated revenues for the period were $228.3 million, up 1% over $227.1 million...