In its first earnings report following the acquisition of Shaw Media, Corus has posted consolidated revenues of $360.8 million and a net loss of $15.8 million.
Despite predictable declines in revenue and sector airtime sales, there were a few bright spots in Statistics Canada’s annual television broadcasting report.
The parent company of Playback, Realscreen and Kidscreen has acquired the assets of Toronto-based Achilles, including the operating rights to the Banff World Media Festival. (Brunico president and CEO Russell Goldstein pictured.)
Host Carolyn Jarvis will move to a new Global News investigative team, while its The Morning Show will also see changes.
Updated: Raj Shoan has released a statement indicating he will appeal the government’s decision.
The Montreal-based company has acquired four digital specialty channels as it builds out its TV portfolio.
The dramedy on Global moves into a new timeslot and adds an integration with PokerStars.net.
The Toronto-based company has tied up with the TV network to add spice and bring fans into its two-hour horror programming block.
Bell Media’s VP of programming for specialty and pay on how the channel is honing its focus. (Animal Kingdom pictured.)
The Corus Entertainment CFO will be replaced by veteran telecom exec John Gossling.
The Corus Entertainment channel is focusing on spinoffs and proven stars to keep Canadians tuning in for fall/winter 2016/2017, as well as Canadian dramas Mary Kills People and Ransom.