TV growth drives Corus profits
Canadian media conglomerate Corus Entertainment saw profits rise 14% within its television division this year, the company posted in its Q4 and year-end results. The TV division, which houses such kid-friendly multimedia brands as Treehouse and YTV, saw a 6% drop in specialty ad revenues during the quarter but still drew profits of US$53 million for the period.
October 27, 2011
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