Corus sees "considerable opportunity" in Quebec radio

TORONTO – Having cut substantial costs, overhauled formats, replaced management and now in the midst of several frequency flips, Corus Entertainment expects its Quebec radio division to lead the growth parade, soon.Margins languish in the 5% range among the company's stations in the province, company executives said Tuesday in a conference call with financial analysts upon the release of its second quarter results. In the rest of the country, average margins are in the 33% range and the company, with changes in store, wants to see Quebec radio's margins approach that figure."In Quebec we have considerable opportunity for growth and...