New TV, radio assets position Corus for growth, says CEO Cassaday

TORONTO – Corus Entertainment is banking on its recent acquisitions of Teletoon, Historia, Séries+ and Ottawa-based radio stations CKQB-FM and CJOT-FM to help “provide a solid foundation for growth” for its 2015 fiscal year.Speaking Wednesday at the company’s annual Investor’s Day, president and CEO John Cassaday added that Corus is targeting consolidated segment profit of $340 million to $360 million and free cash flow in excess of $170 million for fiscal 2015.Corus' portfolio of multimedia offerings encompasses specialty television and radio with additional assets in pay television, television broadcasting, children's book publishing, children's animation and animation software. It’s brands include...