Skip to main content
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week for 24 weeks
Access every election story that matters
Enjoy unlimited digital access
$1.99
per week
for 24 weeks
// //

The Corus building in Toronto is shown in this file photo.

Aaron Vincent Elkaim/The Canadian Press

Corus Entertainment Inc. (TSX:CJR.B) says its net income attributable to shareholders was $6.1-million in its second quarter or seven cents per share, compared with $5.9-million and seven cents EPS in the same quarter last year.

Revenues were up 11 per cent to $191.4-million in the quarter from $172.6-million in the second quarter of 2013.

Adjusted net income, excluding acquisition and restructuring costs and impairment charges, was $26.7-million, up 10 per cent from $24.4-million year-over-year. Adjusted earnings per share was 32 cents versus 29 cents year-over-year.

Story continues below advertisement

Revenue for the company's TV segment was $58-million in the quarter, up from $48-million in the period last year. Revenue in the radio segment was down at $8.4-million, compared with $9.6-million year-over-year.

Toronto-based Corus is the owner of several specialty television channels, radio stations and the Nelvana animation studio.

Corus recently acquired the full ownership of Teletoon from its partner Astral Media, now owned by BCE Inc. (TSX:BCE).

Report an error
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

If you do not see your comment posted immediately, it is being reviewed by the moderation team and may appear shortly, generally within an hour.

We aim to have all comments reviewed in a timely manner.

Comments that violate our community guidelines will not be posted.

UPDATED: Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies