Radio & Television

Q2 revenues up 4% at Corus as TV ad sales pick up

TORONTO – A lift in television revenues helped to boost second quarter revenues at Corus Entertainment, the company said Friday.Consolidated revenues for the three months ended February 28, 2019 were $384.1 million, up 4% from $369.5 million last year, and consolidated segment profit was $113.1 million, relatively unchanged from $112.8 million in the same period last year.Net income attributable to shareholders for the period plunged to $6.3 million from $40.0 million last year, and included business acquisition, integration and restructuring costs of $4.0 million and an impairment of an investment in associates of $8.7 million.  Adjusting for the impact of...
 

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.