Posts Tagged ‘ Corus Entertainment ’

Corus guts websites as Shaw reportedly mulls sale [Updated 6/20/2018]

The company’s Toronto headquarters, Corus Quay. Image via Valley Metal Finishing.

The Canadian media landscape may look significantly different if a report from The Globe and Mail happens.

On Tuesday, the newspaper stated that Shaw Communications has enlisted investment bank TD Securities to find a buyer for its 38% stake in broadcast giant Corus Entertainment. Worth about $540 million, their ownership in the company is being shopped around to “dozens of potential buyers, with a focus on private equity funds and other deep-pocketed investors that don’t currently own a national media business in Canada.” The majority of Shaw Communications’ ownership in the company came as a result of the sale of its Shaw Media division to Corus in 2016. A stipulation of that agreement requiring Shaw to maintain its Corus ownership expired earlier this year. Continue reading

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Teletoon and Turner partner up to bring Cartoon Network to Canada

First it was Nickelodeon Canada, then it was Disney XD Canada, and now it’s the long awaited – Cartoon Network Canada. Teletoon and Turner Broadcasting have announced a brand new partnership that will see Teletoon and its sister channels become the exclusive home to Cartoon Network, and [adult swim] programming, alongside 2000 half hours of classic Cartoon Network, and [adult swim] content. But that’s not all, together the two have announced a brand new ad-supported digital specialty channel called… Cartoon Network! How original! How Canadian! Continue reading

CRTC approves “Teletoon Kapow!”

Throw this one in the “guessed that right” pile, in an entirely unsurprising decision, the Canadian Radio-television and Telecommunications Commission have approved Corus Entertainment, and Astral Media’s license for a Category 2 comic book themed Teletoon spinoff. The CRTC’s license runs until August 31, 2018 but has a clause where if the channel has not launched within 4 years, or at the very least, has shown the intent to launch, the license will expire. I’m thinking this one will be more like ABC Spark, and less like The Anime Channel. Continue reading

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