UPDATE: Conclusive climb for Corus' Q1

TORONTO – Revenues and profits were up across nearly all segments for Corus Entertainment in the first quarter of fiscal 2007, ended November 30th, 2006. “The positive momentum of last year has continued in our first quarter results in terms of both ratings for and revenues,” said John Cassaday, president and CEO, in the press release. “Strong advertising and subscription growth from specialty television and solid national advertising sales in radio were the major contributors to our positive results.” Of course, what was on everyone's mind Wednesday morning was Alliance Atlantis and its impending sale. "We are and continue to...