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Corus Entertainment Inc.

Posted on December 14, 2020December 14, 2020

Corus Entertainment Inc. is a Canadian multinational mass media and entertainment conglomerate company headquartered at the Corus Quay in Toronto, Ontario.

Formed in 1999 as a spin-off from Shaw Communications, it has prominent holdings in the radio, publishing, and television industries.

Corus has a large presence in Canadian broadcasting as owner of the national Global Television Network (15 conventional stations), 39 radio stations, and a portfolio of 34 specialty television services. Corus is dominant in Canada’s children’s television industry through its ownership of the domestic YTV, Teletoon and Treehouse TV networks, the animation studio Nelvana and book publisher Kids Can Press, and local versions of the Adult Swim, Cartoon Network, Disney Channel, Disney Junior, Disney XD, and Nickelodeon brands.

The second incarnation of Shaw’s media division—formed from the properties of the bankrupt Canwest Global—was subsumed by Corus on April 1, 2016, giving it control of the over-the-air Global network and 19 additional specialty channels. In May 2019, Shaw announced that it would sell its shares in Corus for roughly $500 million.

Traded as:           TSX: CJR.B

Industry:              Mass media, broadcasting

Founded:            September 1, 1999; 21 years ago

Headquarters:   Corus Quay Toronto, Ontario, Canada

Subsidiaries:

  • Nelvana
  • Toon Boom Animation
  • Kids Can Press
  • Corus Studios

Website               www.corusent.com

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