Corus Entertainment

Canadian media/broadcasting company

Follow Corus Entertainment on Notably News to receive short updates to your email — rarely!

2025 Lost rights to Warner Bros. Discovery lifestyle brands (Food Network and HGTV), which moved to Rogers Communications.
November 1 2024 Bloomberg News reported that Corus had hired Jefferies Group to explore a potential sale.
September 18 2024 Corus announced the rebranding of Food Network and HGTV to Flavour Network and Home Network, respectively, effective December 30, 2024.
September 16 2024 The Globe and Mail reported that Quebecor had been pursuing an acquisition of Corus, having met with Corus executive Heather Shaw and sent an offer.
September 1 2024 Oprah Winfrey Network ceased operating under Corus, reducing the specialty channel count to 32.
July 15 2024 During a third-quarter earnings report, Corus announced plans to cut 300 more positions by the end of August, bringing total job cuts to 800 since September 2022.
June 17 2024 CEO Doug Murphy announced his retirement, with Troy Reeb and John Gossling jointly succeeding him as co-CEOs.
June 6 2024 Corus disclosed that Warner Bros. Discovery (WBD) would not renew some brand licensing agreements, set to expire at the end of 2024.
May 13 2024 The CRTC approved Corus's request to reduce mandatory expenditures into programs of national interest (PNI) from 8.5% to 5% of revenue.
October 27 2023 Corus announced the suspension of its dividend and intention to redirect free cash flow from dividends to debt repayment.
October 1 2023 Vrak network was shut down, which was previously mentioned in the context of potential channel acquisitions.
July 13 2023 Corus announced the sale of animation software developer Toon Boom to private equity firm TPG Inc. for $147.5 million to help pay down its debts.
May 25 2023 Eastlink revealed a carriage dispute with Corus, leading to the removal of Corus-owned specialty channels and Global On Demand from its services, effective June 27, 2023.
February 21 2023 Corus announced the relaunch of Teletoon's English channel as Cartoon Network on March 27, 2023, and the existing Cartoon Network channel would become the first Canadian version of Boomerang.
January 2023 Rogers Communications completed its acquisition of Shaw Communications, effectively separating Corus from Shaw, with the Shaw family becoming a significant minority shareholder in Rogers while remaining the majority voting shareholder in Corus.
December 2022 Corus partnered with Paramount Global to launch Pluto TV in Canada, handling marketing, advertising sales, and contributing channels.
November 2022 Corus Entertainment announced strategic restructuring efforts to optimize its business operations and adapt to changing media consumption trends.
September 1 2022 Nick+ was decommissioned and replaced by Teletoon+, which primarily features content from Cartoon Network Studios and Warner Bros. Animation libraries.
March 28 2022 DIY Network was rebranded to a Canadian version of Magnolia Network.
October 2021 Corus partnered with Discovery, Inc. on Canadian marketing for its Discovery+ streaming service.
March 2021 Blue Ant Media launched BBC First as a spiritual successor to BBC Canada.
2020 Corus Entertainment faced significant challenges due to the COVID-19 pandemic, which impacted media production and advertising revenues.
December 31 2020 BBC Canada was shut down.
June 23 2020 Corus secured Canadian rights to original series produced for Peacock (NBCUniversal) streaming service.
March 2020 Corus replaced individual mobile apps with the Global TV App, featuring content from multiple networks and offering TV Everywhere streaming and free ad-supported streaming television (FAST) content.
December 31 2019 FYI channel closed.
September 30 2019 IFC Canada and CosmoTV ceased operations.
June 2019 Corus became a launch partner for Amazon Prime Video Channels in Canada, introducing StackTV and a separate Nickelodeon SVOD channel called Nick+.
May 2019 Shaw announced plans to sell its shares in Corus for approximately $500 million.
April 1 2019 Action was relaunched as Adult Swim.
March 31 2019 Teletoon at Night block was shut down.
March 4 2019 A full-time Canadian version of Adult Swim was announced and launched, with the previous block shut down on the same day.
2018 The company continued to consolidate its position in the Canadian media landscape, strengthening its broadcast and content creation operations.
2018 Became owner and operator of CKWS, CHEX, and CHEX-2 television stations.
August 27 2018 Corus' former CTV affiliates completed their full transition to Global programming after their previous affiliation expired.
June 13 2018 The Globe and Mail reported that the Shaw family was exploring the sale of its shares in Corus, amid financial challenges including a year-over-year loss of $91 million and a $1.013 billion write-down on broadcasting businesses.
May 28 2018 The Competition Bureau blocked and rejected Bell Media's proposed acquisition of Historia and Séries+ channels from Corus Entertainment, citing violations of previous ownership conditions.
October 17 2017 Bell Media announced its intent to acquire Historia and Séries+ channels from Corus Entertainment for $200 million, aiming to reunite them with former Astral Media channels.
2016 Acquired multiple television stations from Shaw Media, including stations in Toronto, Winnipeg, Regina, Saskatoon, Halifax, Saint John, Montreal, Calgary, Lethbridge, Edmonton, Vancouver, and Kelowna.
September 2016 Corus-operated CTV affiliates began transitioning to Global programming, starting with phasing out CTV News in favor of Global News.
June 2016 Corus Entertainment acquired additional media properties from Shaw Media, expanding its portfolio of television channels and content production capabilities.
April 1 2016 Absorbed the second incarnation of Shaw's media division, gaining control of the Global network and 19 additional specialty channels from the bankrupt Canwest Global properties.
March 23 2016 The CRTC officially approved the reorganization of Shaw family's media assets, exempting the acquisition from concentration of media ownership and tangible benefits rules.
March 1 2016 Corus officially discontinued Movie Central and Encore Avenue services, with subscribers migrated to Bell Media's The Movie Network and TMN Encore.
2015 Corus' three over-the-air TV stations switched from being CBC affiliates to CTV network affiliates.
November 20 2015 Corus Entertainment announced the strategic decision to cease operations of its premium Movie Central and Encore Avenue services, planning to shut them down on March 1, 2016.
September 1 2015 Canadian versions of Disney Channel launched in both English and French languages. Simultaneously, Teletoon Retro brand was discontinued, with its English version taking over Cartoon Network's intellectual property and the French version being replaced by Disney La Chaîne.
April 16 2015 Corus Entertainment reached an agreement with Disney–ABC Television Group to acquire long-term, Canadian multi-platform rights to Disney Channel's programming library and associated brands.
January 1 2014 Corus completed its acquisition of media assets from previous deals, solidifying its expanded media portfolio.
2013 Corus Entertainment spun off from Shaw Communications, establishing itself as an independent media company focusing on Canadian broadcasting and content production.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia articles List of assets owned by Corus Entertainment & Corus Entertainment, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also