Radio / Television News

TV drives Corus results

TORONTO - “Corus had an exceptional year in fiscal 2007,” said John Cassaday, president and CEO of the company in its press release announcing its Q4 and fiscal 2007 year-end results. “Our share price increased by 26%, we increased our dividend by 16% and we bought back approximately 2% of our shares. These positive outcomes for our shareholders were due to the strength of our core businesses in radio and television. As a result of our year end financial results and our outlook for next year, we are increasing our segment profit guidance range to $255 - $265 million for...