President and CEO Doug Murphy discussed a digital advertising “tipping point” and reduced programming from U.S. networks in a call with investors.
The restructures see Lisa Godfrey depart Corus Studios, with Rachel Nelson overseeing all Corus drama and unscripted commissions, along with changes at Nelvana and Waterside Studios.
President and CEO Doug Murphy said its programming has normalized as U.S. scripted content returns, but the timing of ad revenue recovery remains unknown.
CTV’s Sullivan’s Crossing emerged as the top-rated Canadian drama, while The Amazing Race Canada maintained its lead in unscripted.
Bohm joins Toon Boom two months after his departure from Corus Entertainment.
The Path Forward: the Shaw Rocket Fund, Accessible Media Inc., and Digital First Canada also spoke at the CRTC hearings on Wednesday.
Syndicado picks up worldwide rights to Lone Eagle’s Harold Ballard doc, W Network acquires exclusives for Countdown to Christmas programming, plus more.
The broadcaster reported a 5% decline in consolidated revenue for the 2023 fiscal year.
The Commission says the unique circumstances of Corus’ financial situation has merited “immediate consideration” of its proposed amendments.
The broadcaster has eliminated Bohm’s role of EVP content and strategy amid a streamline of its programming model.
Waterside Studios will develop two adaptations of Marcela Citterio novels, while Corus Studios has announced sales of more than 2,300 hours of content.
The final episode of the show, which has run for 18 seasons, will air on Oct. 6.