Corus Entertainment’s second-quarter results are highlighted by continued growth from its broadcasting arm.

Corus enjoyed an increase of 8% in specialty television advertising revenue, contributing to consolidated revenues for Q2 of $178.7 million, up 2% from last year. Its specialty properties include kids channels YTV and Treehouse.

Net income for the quarter was $35.4 million, compared to a net income of $19.5 million last year, thanks to $13.2 million in recoveries related to income tax changes.

Corus Television contributed quarterly revenues of $104.6 million, up 4% from last year.

Consolidated revenues for the six months ended Feb. 29, 2008 were $393.6 million, up 3% from last year. Consolidated segment profit was $133.1 million, up 5% from last year.

From KidScreen Daily