“We have made significant progress on our plan to create a more sustainable future following challenging industry wide conditions and increased competitive intensity this past year.”
That’s what Corus Entertainment co-Chief Executive Officer Troy Reeb said as the Toronto-headquartered multimedia company completed its fiscal year on August 31. Total revenue was off 21% year-over-year while profits dipped by 9%.
That said, the Radio segment had a particularly difficult fiscal Q4.
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