Canada’s Corus Starts Fiscal 2024 With A Thud

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TORONTO — Its TSX-traded stock hasn’t been over $1 CDN since the end of September 2023. Its fiscal year ended with a dour portrait of a period in which the WGA and SAG-AFTRA strikes and advertising softness impacted profits.


How did Corus Entertainment fare in its fiscal first quarter of 2024? Not as good as it did one year earlier, putting added pressure on the owner of radio and MVPD-distributed television offerings.

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