Profit Dips, Fueled By Radio, Don’t Deter This Media Company


TORONTO — Perhaps it is all about perspective when one takes a look at a company’s quarterly financial performance and goes straight to the profit or loss, rather than the revenue.

As Canada’s Corus Entertainment sees it, the owner of radio and TV stations and the Global television network enjoyed “a solid Q1.” But, its fiscal Q1 2020 profit dipped — and radio is largely to blame.

Is it harbinger of things to come in the U.S.?

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