Q3 at Corus “disappointing”after $8.1M loss

TORONTO - With its revenues down 5%, Corus Entertainment saw its second quarter losses top $8 million.For the period ended May 31, 2015, the net loss attributable to shareholders was $8.1 million, up from a $30.3 million loss last year, which includes intangible non-cash impairment charges of $51.8 million and business acquisition, integration and restructuring costs of $2.7 million. Removing the impact of these items results in an adjusted net income attributable to shareholders of $31.6 million in the quarter.Consolidated revenues for the quarter were $203.1 million, down from $214.0 million last year, while consolidated segment profit was fell 14%...