| Business Summary | | Corus
Entertainment
Inc.
is
a
diversified
communication
and
broadcasting
company.
Its
principal
assets
consist
of
radio
stations;
a
number
of
specialty
television
networks
including
YTV,
Treehouse
TV
and
CMT
(Country
Music
Television),
Western
Canada's
pay
and
pay-per-view
television
franchise,
three
conventional
television
stations
affiliated
with
the
Canadian
Broadcasting
Corporation,
and
interests
in
TELETOON
Canada
Inc.
(TELETOON),
The
Comedy
Network,
The
Food
Network
and
Telelatino
Network
Inc.
(Telelatino).
Corus
also
has
control
positions
as
well
as
minority
positions
in
a
digital
audio
service
(DMX)
and
in
CBS
(Canadian
Broadcast
Sales),
a
radio
advertising
sales
company,
Cool-eh,
an
e-commerce
platform,
and
local
cable
advertising
services
(Digital
ADventure)
and
Balmur
Corus
Music. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Corus
Entertainment
Inc.
operates
in
the
radio
broadcasting,
specialty
television,
digital
audio
services,
and
cable
advertising
services.
For
the
nine
months
ended
5/31/01,
revenues
totaled
C$390.2
million,
up
from
C$148.2
million.
Net
income
decreased
6%
to
C$132
million.
Revenues
reflect
a
growth
in
the
Programming,
Radio
and
Diversified
Media
segments.
Net
income
was
offset
by
lower
gains
from
the
sale
of
investments
and
higher
depreciation
and
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | John
M. Cassaday,
Pres./CEO Heather
A. Shaw,
Exec. Chair Thomas
C. Peddie,
Sr. VP/CFO John
R. Perraton,
Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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