Surge in TV ad sales buoy Q3 revenues, profits at Corus

TORONTO – Double digit gains in television advertising revenues lifted third quarter revenues at Corus Entertainment, the company said Wednesday.Consolidated revenues for the three months ended May 31, 2019 were $458.4 million, up 4% from $441.4 million last year, while consolidated segment profit of $170.5 million was virtually unchanged from $170.4 million in the same period last year.Net income attributable to shareholders for the period rebounded to $66.4 million from a net loss of $935.9 million last year, and includes business acquisition, integration and restructuring costs of $2.3 million, a gain on debt modification of $3.9 million, and a loss...