Corus Entertainment saw net income dip last quarter but reported generally positive numbers, despite the economy and ad market. Net income at the TV and radio conglomerate fell to $29 million for the period ending Feb. 28, 2009, down from $35.4 million for the same period last year.
Revenues were up 1% to $181.4 million, fueled by the TV division, which rose 5% on the strength of subscriber growth and ‘advertising targeted to women.’ Corus owns three female-aimed cable channels – W Network, Cosmo and Viva – along with other outlets such as YTV, Treehouse and Movie Central.