Quebec stations remain a challenge for Corus; re-financing charge hits year-end numbers

TORONTO – Corus Radio took a bit of a hit in fiscal 2006, company execs said Thursday while reporting the parent company's year-end results."We had another excellent quarter for our television division, driven by strong ratings and subscriber growth for our brands. Our content business continued to post positive results and radio remained strong outside Québec, where we are integrating newly acquired stations," said Corus Entertainment president and CEO John Cassaday. Consolidated revenues for the fourth quarter ended August 31, 2006 were $185 million, up 6% from last year's Q4. Consolidated segment profit was $44.5 million, up 5% from $42.6...