Corus Entertainment
Canadian media/broadcasting company / From Wikipedia, the free encyclopedia
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Corus Entertainment Inc. is a Canadian mass media company. The company was founded in 1987 as Shaw Radio, Ltd. as a subsidiary of Shaw Communications and was spun-off from Shaw in 1999. It has prominent holdings in the radio, publishing, and television industries. Corus is headquartered at Corus Quay in Toronto, Ontario.
Formerly | Shaw Radio Ltd. (1987–1999) |
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Company type | Public |
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Industry | Mass media, broadcasting |
Predecessors | Alliance Atlantis (Broadcasting assets) Canwest Shaw Media Western International Communications |
Founded | August 27, 1987; 36 years ago (August 27, 1987) (Shaw Radio) September 1, 1999; 24 years ago (September 1, 1999) (Corus Entertainment) |
Headquarters | Corus Quay Toronto, Ontario, Canada |
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Revenue | $1.647 billion CAD (2018) |
Number of employees | 3,500 (2021)[1] |
Subsidiaries | Nelvana Kids Can Press Corus Studios TELETOON Canada, Inc. YTV Canada, Inc. Aircraft Pictures HGTV Canada Inc. (80.24%) |
Website | www.corusent.com |
Corus has a large presence in Canadian broadcasting as owner of the national Global network (15 conventional stations), 39 radio stations, and a portfolio of 33 specialty television services; the company's domestic specialty brands include Showcase, SériesPlus, Slice, Télétoon, W Network, and YTV. It also operates services under brand licensing agreements with A&E Networks (History and Lifetime), Paramount Global (CMT and Nickelodeon), The Walt Disney Company (Freeform via ABC Spark, and National Geographic units), and Warner Bros. Discovery (Cartoon Network, Boomerang, Adult Swim, and lifestyle brands).
Corus owns the animation studio Nelvana, and children's publisher Kids Can Press. 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.