21 Facts About Corus Entertainment

1.

Corus Entertainment has a large presence in Canadian broadcasting as owner of the national Global network, 39 radio stations, and a portfolio of 33 specialty television services; the company's domestic specialty brands include Showcase, SeriesPlus, Slice, Teletoon, Teletoon, W Network, and YTV.

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2.

Corus Entertainment owns the animation studio Nelvana, animation software vendor Toon Boom Animation, and as well as the children's publisher Kids Can Press.

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3.

Corus Entertainment would be a separate, publicly traded company, first listed on the Toronto Stock Exchange in September 1999, but it would still be primarily controlled by the Shaw family.

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4.

In September 1999, Corus Entertainment acquired the broadcasting assets of the Power Corporation of Canada, which included four television stations and sixteen radio stations.

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5.

In September 2000, after negotiations and rumoured offers by other studios, Corus Entertainment announced that it would acquire the Toronto-based animation studio Nelvana for $540 million; the deal was considered to be a complement to its children's television networks, including YTV, Treehouse, and its stakes in Family Channel, Teletoon, and its French counterpart Teletoon.

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6.

Corus Entertainment stated that it planned to use the purchase to help launch a preschool-oriented cable network in the United States.

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7.

In March 2001, in response to complaints by the CRTC over its near-monopoly on ownership of children's specialty channels in Canada, Corus Entertainment sold its stake in Family Channel to Astral Media for $126.

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8.

Corus Entertainment sold its stake in the Western Canadian pay-per-view service Viewers Choice to Shaw Communications for $22.

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9.

Corus Entertainment sold its Red Deer, Alberta stations CKGY-FM and CIZZ-FM to Newcap Radio.

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10.

Also in August 2007, Corus Entertainment announced a partnership with Hearst Corporation to launch Cosmopolitan TV.

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11.

Corus Entertainment cited their low profitability in comparison to their stations elsewhere as reasoning for the sale.

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12.

In March 2013, as part of Bell Media's proposed acquisition of Astral Media, Corus Entertainment reached a deal to acquire Astral's stakes in Historia, Series+, and TELETOON Canada Inc, as well as the Ottawa radio stations CJOT-FM and CKQB-FM, for $400.

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13.

Corus Entertainment indicated that these purchases were meant to help the company expand its television holdings in the competitive Quebec market.

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14.

Corus Entertainment planned to open a new office in Montreal following the sale.

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15.

In June 2019, Corus Entertainment was announced as a launch partner for Amazon Prime Video Channels in Canada, offering a subscription-based bundle known as StackTV with access to live and on-demand programs from five Global TV stations and eleven Corus Entertainment specialty services.

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16.

In March 2020, Corus Entertainment replaced the individual mobile apps for most of its specialty channels with a new unified app under the Global brand, featuring content from Global, Global News, Food Network, HGTV, History, Showcase, Slice, and W Network on-launch.

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17.

Corus Entertainment is an industry sponsor of the University of Waterloo Stratford Campus; Gary Maavara, Corus Entertainment' Corporate Secretary, sits on the Waterloo campus' advisory board.

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18.

Corus Entertainment was formed from the media assets that had been owned by Shaw Communications in the years before.

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19.

Shaw and Corus Entertainment are independent, publicly traded companies, but nonetheless, some reports indicate that the two companies continued to have a close relationship.

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20.

For several years, Corus Entertainment managed advertising operations for Shaw's cable systems, although this operation has since been discontinued.

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21.

For example, Corus Entertainment owns three over-the-air TV stations which were longtime CBC affiliates, and which agreed in 2015 to switch to Bell Media's CTV network, despite Shaw owning the rival Global network at the time.

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