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Consolidated income: 270 million dollars, a decrease of 10% compared to the previous year.
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Profit from the consolidated segment: 18 million dollars, affected by the drop in income and the increase in depreciation and program rights.
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Beneficiary margin for the consolidated segment: 6%, against 18% last year.
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Available cash flow: $ 46 million, an increase of 40% compared to last year.
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Net debt for the benefit of the segment: 5.04 times, against 3.84 times August 31, 2024.
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TV segment income: $ 252 million, down 9%.
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TV advertising income: Decreased by 13% in the first quarter.
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Subscribed income: $ 112 million, down 5%.
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Radio segment income: $ 19 million decreased by 14% compared to the previous year.
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Beneficiary margin for the radio segment: Increased to 8% compared to 4% during the period of the previous year.
Release date: April 11, 2025
For the complete transcription of the gains call, please refer to Complete transcription of winning calls.
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Corus Entertainment Inc (Cjref) has successfully changed and successfully facilitated, offering improved financial conditions and flexibility.
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The company has declared growth of 12% in total of the minutes visualized for world news on broadcasting and streaming platforms.
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Specialized Corus networks, the domestic network and the flavors have become specialized and number two specialized lifestyles in Canada.
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The company’s streaming portfolio experienced its first T2 of all time, with an 18% increase in streaming content compared to the previous year.
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Corus has implemented significant cost reduction initiatives, resulting in a 12% reduction in G&A expenses and a 15% drop in employee costs.
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Consolidated quarter income decreased by 10% compared to the previous year, mainly due to the drop in television advertising demand and subscription income.
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The company is experiencing challenges in its specialized portfolio due to an excess offer of the digital video inventory and an advertising request lower than linear television.
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The beneficiary margins of the consolidated segment fell to 6% compared to 18% last year, reflecting the impact of the drop in income and the increased damping of the rights of the program.
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Corus provides for a drop in percentage of adolescence medium for television advertising revenue for the third quarter of the 2025 financial year due to the excess and potential economic impacts.
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The radio segment experienced a 14% drop in income due to the drop in advertising demand and the drop in the hearing, although cost containment measures improve the beneficiary margins.
Q: Can you clarify the impact of the period of free view for the house and the flavor on subscription income? A: John Gossling, financial director, explained that the income of existing subscribers continued during the period of free view. The free view concerned the uninvited people, so there was no loss of income from existing subscribers.