TORONTO – "We have delivered revenue and segment profit growth for the second consecutive quarter, driven by the launch of new specialty television services and digital distribution revenues," said Doug Murphy, president and CEO of Corus Entertainment today in the company’s second quarter financial release.
“With the completion of our transformational acquisition of Shaw Media on April 1st, we are fully focused on quickly integrating our operations, capturing significant synergies and unlocking the future growth potential of these powerful media assets."
Consolidated revenues for the three months ended February 29, 2016 were $197.7 million, up 3% from last year….
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TORONTO – Corus Entertainment, which is the exclusive brand partner for Nickelodeon in Canada, announced today a new content deal with Netflix.
The Netflix deal includes the Canadian streaming rights to Nickelodeon's classic hit series such as iCarly, Sam & Cat and Victorious, among others. The agreement also includes exclusive streaming rights to the critically-acclaimed animated Nick series, The Legend of Korra.
"We're delighted to partner with Netflix and reintroduce these iconic Nickelodeon series to Canadian kids and families on the streaming service," said Shawn Praskey, vice president, content distribution. "This deal provides YTV fans with even more of…
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OTTAWA – Friends and colleagues of the late Alain Gourd (pictured) are invited to a charity fundraiser in his memory, scheduled for May 4, 2016 at The Rainbow Bistro blues bar in Ottawa's Byward Market.
Themed ‘Scotch & Save 2016’, this is the second bi-annual networking event and fundraiser for the Colorectal Cancer Association of Canada (CCAC) to honour Gourd’s memory.
Highlights of the evening will include special pricing on scotches and a raffle for bottles specially selected and donated by some of Canada's top communications law firms and companies, snacks, and a return musical performance by singer/songwriter Gerry Wall, familiar to many in the industry from his day…
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CALGARY – The sale of Shaw Media to Corus Entertainment will enable parent Shaw Communications to double down on being a pure-play connectivity provider, the Calgary-based communications giant said Friday.
"For the shareholders and customers of Shaw, this is a significant milestone that positions Shaw as a leading pure-play connectivity company with an attractive growth profile, while allowing Shaw to participate in the upside potential resulting from the combination of Shaw Media and Corus," said Shaw CEO Brad Shaw, in a company news release. "Shaw will focus on delivering superior broadband communications to our consumer and business customers by investing…
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TORONTO – After completing its $2.65 billion acquisition of Shaw Media, Corus Entertainment unveiled a new corporate brand and executive leadership team on Friday.
President and CEO Doug Murphy described the redesigned Corus logo as “a powerful visual cue that the new Corus has arrived”. “This is a landmark day for us,” he said in the company's news release. “As a combined company, we are creating an integrated media and content powerhouse that gives us the competitive scale to grow both domestically and globally. With our strong media brands, compelling content and talented team, this transformational acquisition marks a new…
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Canadians are receiving the broadband speeds they're paying for
OTTAWA-GATINEAU – The majority of broadband Internet services in Canada are as fast or faster than their advertised download and upload speeds, says a CRTC report on Internet services.
The preliminary report, released Thursday, found that most services from the country's major Internet service providers delivered between 109% and 122% of the advertised download speed, and that performance was largely consistent across all geographic regions of Canada in a mix of urban and rural settings.
Services using fibre-to-the-home (FTTH) technologies delivered 119% of advertised download speed on average, while cable/hybrid-fibre co-axial (HFC) delivered 103%,…
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TORONTO – Cord-cutters or -nevers missing their live sports now have the option to buy Sportsnet Now, a direct-to-consumer service, without a pay-television subscription.
Launching nationally on Friday, the live streaming service (including the regular TV ad load) of the six Sportsnet linear channels promises select NHL, MLB, NBA, soccer and tennis events, as well as original programming like Tim & Sid and Sportsnet Central. Sportsnet Now will be available on tablet, mobile and online for a monthly subscription of $24.99 with no contract and a 7-day trial period. It remains included for existing Sportsnet TV distributors such as Shaw, Telus, Bell,…
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TORONTO – While season one of Empire aired in simsub on Citytv in 2015, season two of the Fox series, now 10 episodes in, has had no Canadian broadcaster since City dropped it. The show will not be carried by a traditional Canadian TV channel anymore as Rogers and Shaw-owned OTT portal shomi now has the exclusive Canadian rights to the series.
New episodes will be available on shomi within 24 hours of the Fox broadcasts (Wednesdays at 9 p.m.) and shomi will host all prior episodes as well. Last season and the first…
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OTTAWA – The Canadian rights market and net neutrality will be the focus of two plenary sessions at the 18th Biennial National Conference: New Developments in Communications Law and Policy.
Scheduled for May 5 – 6, 2016 at the Shaw Centre in Ottawa, the event is designed for lawyers, industry executives, and government officials. If your work connects you to regulation, licensing, or policy development for phone, internet, television, or radio broadcast in Canada, organizers say this symposium should be on your must-attend list.
View the conference brochure for a detailed agenda of this two-day symposium.
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Commissioner Shoan wanted a hearing
GATINEAU – After the close of trading Wednesday, the CRTC announced it has approved the $2.65 billion purchase of Shaw Media by Corus Entertainment.
In legal/regulatory speak, the Commission approved “an application by Shaw Communications on behalf of Shaw Media and its licensed subsidiaries, to effect a corporate reorganization resulting in the transfer of Shaw Communication Inc.’s shares in Shaw Media Inc. to Corus Entertainment Inc.”
Essentially, the Commission continued to treat Corus and Shaw as it always has since Corus was created in 1999 as a place to house media assets controlled by the Shaw family….
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