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report on business
Corus Entertainment buys breathing room in new debt deal with lenders
The new Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
report on business
Corus Entertainment reports fourth-quarter loss, signs amended debt deal with banks
Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash. The Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
inside the market
What every Canadian investor needs to know today
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2024. REUTERS/Brendan McDermid
analysis
Why a Corus recapitalization should favour Quebecor over creditors
Corus Entertainment Inc. has negotiated an amendment to a credit agreement with its lenders to give it some increased breathing room as it works to deal with its debt. The Corus logo at Corus Quay in Toronto is shown on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
report on business
Quebecor pushes for debt discount as it seeks to acquire Corus Entertainment
Quebecor headquarters is seen as the media company holds its annual meeting Thursday, May 11, 2023 in Montreal. THE CANADIAN PRESS/Christinne Muschi
technology
Corus co-CEO says new lifestyle brands can rival Food Network, HGTV scooped by Rogers
Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash. The Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
report on business
Quebecor made offer to buy Corus Entertainment months ago, but struggling media company has not yet responded, source says
Television and radio broadcaster Corus Entertainment Inc. says Doug Murphy is retiring as president and CEO of the company.The Corus logo is shown at Corus Quay in Toronto on June 22, 2018. THE CANADIAN PRESS/Tijana Martin
newsletter
Business Brief: Canola caught in the middle – again
Storm clouds build over a canola field near Cremona, Alta.
inside the market
Market movers: Stocks that saw action on Tuesday - and why
.Brookfield Place signage is pictured in the financial district in Toronto, Friday, Sept. 8, 2023.
report on business
Corus Entertainment gets extension to restructure debt
The new Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
report on business
Rogers deal to shift Discovery Science, OWN, Animal Planet channels to streaming, on demand
A Rogers Communications Inc. logo is shown outside the Rogers Building in Toronto on April 22, 2014. Rogers Communications Inc. has announced plans to launch TV channels for HGTV, Food Network, Magnolia, Discovery and Bravo. THE CANADIAN PRESS/Darren Calabrese
newsletter
Business Brief: The next hurdle for artificial intelligence? Delivering real results
Robot hands and fingers point to laptop button advisor chatbot robotic artificial intelligence concept
canada
Corus shuts down Hamilton radio station, amid other ‘necessary changes’
The Corus logo at Corus Quay in Toronto is shown on June 22, 2018. Corus Entertainment is making several structural changes to cut costs, including shuttering its 900 CHML radio station in Hamilton after decades on the air. THE CANADIAN PRESS/Tijana Martin
report on business
Corus files CRTC complaint against Rogers alleging it has ‘weaponized’ its media dominance
The new Corus logo at Corus Quay in Toronto is photographed on Friday, June 22, 2018. THE CANADIAN PRESS/ Tijana Martin
report on business
Rogers says Corus’ business model ‘broken’ after being accused of ‘predatory’ action
Corus Entertainment Inc. reported a loss attributable to shareholders of $769.9 million in its latest quarter compared with a loss of $495.1 million a year earlier as its revenue fell 16 per cent. The Corus logo at Corus Quay in Toronto is in this June 22, 2018 file photo. THE CANADIAN PRESS/ Tijana Martin
report on business
Corus Entertainment faces debt problem as it warns about company’s future
Corus Entertainment Inc. reported a loss attributable to shareholders of $769.9 million in its latest quarter compared with a loss of $495.1 million a year earlier as its revenue fell 16 per cent. The Corus logo at Corus Quay in Toronto is in this June 22, 2018 file photo. THE CANADIAN PRESS/ Tijana Martin
opinion
Corus Entertainment’s woes foretell a dark future for Canadian content
Dvai Ghose
report on business
Corus Entertainment reports $9.8-million second-quarter loss as revenue falls 13%
H&R Real Estate Investment Trust has signed a deal to sell a downtown Toronto property to George Brown College and Halmont Properties Corp. $232.5 million. The property, shown in this June 22, 2018 file photo, is substantially leased to Corus Entertainment. THE CANADIAN PRESS/Tijana Martin
report on business
Corus Entertainment reports $32.7-million first-quarter profit as its revenue dropped 14%
H&R Real Estate Investment Trust has signed a deal to sell a downtown Toronto property to George Brown College and Halmont Properties Corp. $232.5 million. The property, shown in this June 22, 2018 file photo, is substantially leased to Corus Entertainment. THE CANADIAN PRESS/Tijana Martin
opinion
Beware of value traps at fallen angels such as Corus Entertainment
Andrew Willis