TORONTO — Fiscally challenged Canadian broadcast media licensee Corus Entertainment no longer has a co-CEO. It’s the latest headline-making move from the publicly traded company with shares under 10 ...
Corus expects that holders of subscription receipts will receive the dividend equivalent payment on or about April 4, 2016. Corus further expects that trading in the subscription receipts on the ...
Corus has significantly deleveraged its balance sheet. A sale of the company to a Canadian peer or private equity appears likely. Corus does not need to be cutting its 18% yielding dividend. With ...
LONDON — Canadian media company Corus Entertainment is set to acquire Shaw Communications’ TV unit Shaw Media for C$2.65 billion ($1.86 billion). The deal will create a TV operation comprising 45 ...
Corus Entertainment’s core business (TV advertising) faces challenges and will continue to see structural decline in the years ahead. The structural decline and the risk of an FCF cliff imply a poor ...