Corus rebounds in fiscal 2019

Profits dip though in Q4TORONTO – Broadcaster and producer Corus Entertainment said this morning revenues increased 2% for the year ended August 31, 2019, driven by a 4% increase in TV ad revenue in the fourth quarter and 7% for the full year.“Our focus on providing great content to audiences across multiple platforms and our client-centric, data-driven selling approach is yielding impressive results,” said president and CEO Doug Murphy in the company’s press release.“Additionally, we ramped up our slate of owned content in the year, which will further accelerate our long-term revenue diversification objectives through increased sales in the global...