Radio and specialty TV keep Corus growing

TORONTO – With specialty TV ad rates still growing at a double-digit rate and radio stations in many markets tracking ahead of predictions, Corus Entertainment today reported increased revenue, profit and income for the first quarter of fiscal 2006, ended November 30th, 2005. Led by a 14% increase in specialty television advertising revenue and a 10% increase in radio advertising revenue, “(f)iscal 2006 is off to a great start with particularly strong growth in our television division,” said John Cassaday, president and CEO. “Radio results continued to build on the momentum from last year with same-station revenue up 9%.” Consolidated...