Lenders are set to take over Canadian broadcaster Corus Entertainment Inc. after reaching an agreement to swap their debt for ...
TORONTO — The challenges facing Corus Entertainment, which have accelerated over the past six months and even led its former CEO to announce his early retirement, have reached a new zenith. With its ...
The deal includes a reduction of total debt and liabilities by more than $500 million and a slashing of annual cash interest ...
The Canadian Press on MSN
Corus announces recapitalization deal as it seeks relief from its debt burden
Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the company.
TORONTO — In the latest move by a company that is fiscally strapped, has seen a leadership change in the last two months, and wants regulatory authorities in Canada to help its woes by ruling a ...
Corus Entertainment (OTCPK:CJREF) has been reportedly nearing a restructuring deal that will see its bondholders take control of the equity, Bloomberg News reported on Wednesday, citing informed ...
There are a lot of worried faces over at Corus Entertainment (CJREF) today as the Canadian entertainment giant announced potential financial trouble after the loss of Warner Bros Discovery (WBD) ...
Corus Entertainment shares fell as revenue headwinds continued to drag in the fiscal third quarter despite a better handle on costs. Shares fell 9.1% to 10 Canadian cents. Cost control has been front ...
Corus Entertainment's long-serving chair, Heather Shaw, is stepping away from her executive role running the board of the Canadian media company. Shaw will retire as executive chair as of May 31, but ...
Corus Entertainment is leaning heavily into its long-standing content agreement for Peacock programming in its 2025/26 slate, while picking up DMV starring Harriet Dyer and Tim Meadows, Dick Wolf’s ...
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