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Corus Warns About Its Future After Devastating Loss of Warner TV Rights

Canada’s Corus Entertainment Inc. warned that it may soon breach its debt covenants and said it’s planning more restructuring as advertising revenue spirals downward. The shares plunged to a record low.

By: financialpost.com

Jul 15 2024
133
11593 Views

(Bloomberg) — Canada’s Corus Entertainment Inc. warned that it may soon breach its debt covenants and said it’s planning more restructuring as advertising revenue spirals downward. The shares plunged to a record low. Read More

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