Radio & Television

Profits up 16% at Corus

TORONTO – A 10% jump in television revenue in the second quarter helped to drive up profits at Corus Entertainment by 16%. Consolidated revenues for the three months ended February 29, 2012 were $205.7 million, up 8% from $191.1 million last year.  Consolidated segment profit grew 4% to $62.2 million over $60.0 million last year, while net income attributable to shareholders was $31.6 million compared to $27.3 million in 2011.  Corus said Thursday that television segment profit grew 1% to $60.4 million, though specialty advertising revenues were up 4%, and subscriber revenues “were consistent” with the same period last year....
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.