TORONTO - Corus Entertainment Inc. says it has signed a recapitalization deal that will see its debtholders take ownership of the company. Under an agreement announced Monday, the radio and television ...

Lenders are set to take over Canadian broadcaster Corus Entertainment Inc. after reaching an agreement to swap their debt for equity, ending decades of control by the billionaire Shaw family. The ...

Corus Entertainment, the parent company of Global News, announced a proposed recapitalization transaction, reaching a deal with its secured lenders, restructuring the company’s $1.1 billion dollars of ...

Corus Entertainment Inc. CJR-B-T has announced a proposed major recapitalization that would significantly reduce its debt and interest costs and allow it to maintain operations, while almost ...

The company is working on a debt restructuring plan that would result in creditors receiving a mix of equity and secured debt, the people said, speaking on condition they not be identified because the ...

Corus Entertainment has paused production at Nelvana Ltd., ending one of the most influential runs in Canadian animation history. The announcement ends a sobering chapter for a studio that, for more ...

Debt-beleaguered Corus Entertainment Inc. has halted production at the storied animation studio Nelvana Ltd., potentially ending a more-than-five-decade run that helped transform Canada into a ...

Canadian children will soon have fewer television networks to enjoy as Corus Entertainment prepares to axe several kids channels by the end of summer. According to media reports, Corus will shut down ...

Bluey, an animated series about a playful family of Australian cattle dogs, has become a casualty of Corus Entertainment’s decision to shut down five popular children’s channels. (Credit: Disney+) ...

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As streaming continues to transform how kids watch TV, the landscape for traditional children’s programming in North America is shifting, and fast. Linear TV networks are feeling the heat as younger ...