Radio pulls down Q3 profits at Corus

TORONTO – Corus Entertainment posted a net loss of $30.3 million for the third quarter, despite revenue gains led by its television segment.Consolidated revenues for the three months ended May 31, 2014 were $214 million, up 14% from $187.1 million last year, while consolidated segment profit increased 23% from $64.6 million to $79.7 million year-over-year.But the net loss attributable to shareholders for the quarter was $30.3 million, compared to net income of $89.9 million last year, which includes includes radio broadcast license and goodwill impairment charges of $75.0 million, capital asset impairment charges of $1.2 million, business acquisition, integration and...