Corus Entertainment Earnings Drop as TV Ad Demand Remains a Headwind

Dow Jones

Jun 26

Corus Entertainment notched a deeper loss in its latest quarter as revenue slumped across its core operations and it continued to see pressure on television advertising demand.

The Canadian media and content company recorded a loss of 36.5 million Canadian dollars (US$25.7 million), or C$0.18 a share, for its third fiscal quarter, versus a year-earlier loss of C$7.3 million, or C$0.04.

On an adjusted basis, the per-share loss came in at C$0.15, much wider than the C$0.04 analysts polled by FactSet had forecast.

Revenue fell 16% to C$249.4 million for the three months to May 31, from C$297.8 million last year.

Revenue from Corus's television segment was down 16% at C$229.5 million and radio revenue declined 15% to C$19.9 million.

Corus operates 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

June 26, 2026 07:00 ET (11:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Stewart at robb.stewart@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2026 07:00 ET (11:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TV","symbol_name":"墨西哥电视","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646351816","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646351816","pubTimestamp":1782471600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Corus Entertainment notched a deeper loss in its latest quarter as revenue slumped across its core operations and it continued to see pressure on television advertising demand.The Canadian media and content company recorded a loss of 36.5 million Canadian dollars , or C$0.18 a share, for its third fiscal quarter, versus a year-earlier loss of C$7.3 million, or C$0.04.On an adjusted basis, the per-share loss came in at C$0.15, much wider than the C$0.04 analysts polled by FactSet had forecast.Revenue fell 16% to C$249.4 million for the three months to May 31, from C$297.8 million last year.Revenue from Corus's television segment was down 16% at C$229.5 million and radio revenue declined 15% to C$19.9 million.Corus operates 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services.Write to Robb M. Stewart at robb.stewart@wsj.com Dow Jones NewswiresJune 26, 2026 07:00 ET Copyright","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TV":"墨西哥电视"},"translate_title":"由于电视广告需求仍然是阻力，Corus Entertainment盈利下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TV":1.5},"content_text":"Corus Entertainment notched a deeper loss in its latest quarter as revenue slumped across its core operations and it continued to see pressure on television advertising demand. \n\n\n  The Canadian media and content company recorded a loss of 36.5 million Canadian dollars (US$25.7 million), or C$0.18 a share, for its third fiscal quarter, versus a year-earlier loss of C$7.3 million, or C$0.04. \n\n\n  On an adjusted basis, the per-share loss came in at C$0.15, much wider than the C$0.04 analysts polled by FactSet had forecast. \n\n\n  Revenue fell 16% to C$249.4 million for the three months to May 31, from C$297.8 million last year. \n\n\n  Revenue from Corus's television segment was down 16% at C$229.5 million and radio revenue declined 15% to C$19.9 million. \n\n\n  Corus operates 25 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. \n\n\n \n\n\n  Write to Robb M. 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