CALGARY – Radio segment profit increased by 21% to $22.2 million, while television segment profit was up 15% to $34.7 million for Corus Entertainment as the company reported its third quarter results today. As for ad revenue, radio posted a 12% increase while the specialty television ad revenue climbed 16%. Corus owns 53 Canadian radio stations and a number of specialty TV channels such as YTV, CMT, W and Scream. Nelvana, the company's content division, contributed to the momentum with positive earnings and cash flow for the fourth consecutive quarter, says the company. "We were very pleased with our performance...
