Corus Entertainment's 4Q Loss Widens as Revenue Declines

Dow Jones

2025/10/30

By Adriano Marchese

Corus Entertainment's fiscal fourth-quarter loss widened as fewer ad dollars coming in continues to drag on revenue.

The embattled Canadian media company posted on Thursday a widened net loss of 277.1 million Canadian dollars ($198.7 million), or C$1.39 a share for the three months ended Aug. 31, compared with a loss of C$25.7 million, or C$0.13 a share, in the comparable quarter a year ago.

Adjusted loss, which excludes one-off costs and exceptional items came to C$0.36 a share. According to FactSet, analysts were expecting a loss of C$0.10 a share.

Revenue fell to C$232.1 million from C$269.4 million, lower than the C$236.2 million analysts anticipated for the period.

Chief Executive John Gossling said that television advertising revenues were lower than expectations. In total, television revenue fell 14% in the quarter to C$212.8 million, while radio revenue declined by 10% to C$19.3 million.

The negative advertising trend is expected to continue in the fiscal first quarter. Corus said it anticipates geopolitical and economic uncertainty, as well as the continued shift in advertising demand to digital platforms, will contribute to continued lower demand for linear advertising.

As a result, Corus expects year-over-year decline in television advertisement to be similar to this quarter's. At the same time, it expects to continue cost-cutting initiatives and said its general and administrative expenses are projected to be between 10% and 15% lower.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

October 30, 2025 06:37 ET (10:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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At the same time, it expects to continue cost-cutting initiatives and said its general and administrative expenses are projected to be between 10% and 15% lower. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@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  October 30, 2025 06:37 ET (10:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Corus Entertainment's 4Q Loss Widens as Revenue Declines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCorus Entertainment's 4Q Loss Widens as Revenue Declines\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-30 18:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/CJREF\">Corus Entertainment</a>'s fiscal fourth-quarter loss widened as fewer ad dollars coming in continues to drag on revenue. \n</p>\n<p>\n  The embattled Canadian media company posted on Thursday a widened net loss of 277.1 million Canadian dollars ($198.7 million), or C$1.39 a share for the three months ended Aug. 31, compared with a loss of C$25.7 million, or C$0.13 a share, in the comparable quarter a year ago. \n</p>\n<p>\n  Adjusted loss, which excludes one-off costs and exceptional items came to C$0.36 a share. According to FactSet, analysts were expecting a loss of C$0.10 a share. \n</p>\n<p>\n  Revenue fell to C$232.1 million from C$269.4 million, lower than the C$236.2 million analysts anticipated for the period. \n</p>\n<p>\n  Chief Executive John Gossling said that television advertising revenues were lower than expectations. In total, television revenue fell 14% in the quarter to C$212.8 million, while radio revenue declined by 10% to C$19.3 million. \n</p>\n<p>\n  The negative advertising trend is expected to continue in the fiscal first quarter. Corus said it anticipates geopolitical and economic uncertainty, as well as the continued shift in advertising demand to digital platforms, will contribute to continued lower demand for linear advertising. \n</p>\n<p>\n  As a result, Corus expects year-over-year decline in television advertisement to be similar to this quarter's. At the same time, it expects to continue cost-cutting initiatives and said its general and administrative expenses are projected to be between 10% and 15% lower. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@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  October 30, 2025 06:37 ET (10:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"BK4125","symbol_name":"广播","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2579114818","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579114818","pubTimestamp":1761820620,"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's fiscal fourth-quarter loss widened as fewer ad dollars coming in continues to drag on revenue.The embattled Canadian media company posted on Thursday a widened net loss of 277.1 million Canadian dollars , or C$1.39 a share for the three months ended Aug. 31, compared with a loss of C$25.7 million, or C$0.13 a share, in the comparable quarter a year ago.Adjusted loss, which excludes one-off costs and exceptional items came to C$0.36 a share. According to FactSet, analysts were expecting a loss of C$0.10 a share.Chief Executive John Gossling said that television advertising revenues were lower than expectations. In total, television revenue fell 14% in the quarter to C$212.8 million, while radio revenue declined by 10% to C$19.3 million.As a result, Corus expects year-over-year decline in television advertisement to be similar to this quarter's. At the same time, it expects to continue cost-cutting initiatives and said its general and administrative expenses are pro","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4125":"广播","CJREF":"Corus Entertainment, Inc."},"translate_title":"Corus Entertainment第四季度亏损扩大，收入下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CJREF":0.9},"content_text":"By Adriano Marchese \n\n\n \n\n\nCorus Entertainment's fiscal fourth-quarter loss widened as fewer ad dollars coming in continues to drag on revenue. \n\n\n  The embattled Canadian media company posted on Thursday a widened net loss of 277.1 million Canadian dollars ($198.7 million), or C$1.39 a share for the three months ended Aug. 31, compared with a loss of C$25.7 million, or C$0.13 a share, in the comparable quarter a year ago. \n\n\n  Adjusted loss, which excludes one-off costs and exceptional items came to C$0.36 a share. According to FactSet, analysts were expecting a loss of C$0.10 a share. \n\n\n  Revenue fell to C$232.1 million from C$269.4 million, lower than the C$236.2 million analysts anticipated for the period. \n\n\n  Chief Executive John Gossling said that television advertising revenues were lower than expectations. In total, television revenue fell 14% in the quarter to C$212.8 million, while radio revenue declined by 10% to C$19.3 million. \n\n\n  The negative advertising trend is expected to continue in the fiscal first quarter. Corus said it anticipates geopolitical and economic uncertainty, as well as the continued shift in advertising demand to digital platforms, will contribute to continued lower demand for linear advertising. \n\n\n  As a result, Corus expects year-over-year decline in television advertisement to be similar to this quarter's. At the same time, it expects to continue cost-cutting initiatives and said its general and administrative expenses are projected to be between 10% and 15% lower. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 30, 2025 06:37 ET (10:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}