StreetInsider.com News Articles

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders
Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years
Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026
If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Thu, 08 Jan 2026 10:00:00 -0500

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various stakeholders

Recapitalization Transaction expected to materially reduce existing debt, maintain secured lending facility, and increase liquidity access over several years

Securityholders will be asked to approve the Recapitalization Transaction in two separate, consecutive meetings to be held on Friday, January 30, 2026

If the Company fails to implement the Recapitalization Transaction, it will need to pursue alternative restructuring strategies, in

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

/C O R R E C T I O N -- Corus Entertainment Inc (IR Group)/

Thu, 08 Jan 2026 10:00:00 -0500

In the news release, <CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION>, issued <8-Jan-2025> by <Corus Entertainment Inc (IR Group)> over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows:

CORUS ENTERTAINMENT MAILS AND FILES SPECIAL MEETING MATERIALS IN CONNECTION WITH PROPOSED RECAPITALIZATION TRANSACTION

Corus' board of directors unanimously recommends that Senior Noteholders and Shareholders vote in favour of the proposed Recapitalization Transaction to strengthen Corus' financial position, support a sustainable business strategy, and preserve value for Corus' various

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS

Mon, 15 Jul 2024 06:00:00 -0500

Consolidated revenue decreased 16% for the quarter and 15% for the year-to-date
Consolidated segment profit⁽¹⁾ decreased 30% for the quarter and 16% for the year-to-date
Consolidated segment profit margin⁽¹⁾ of 20% for the quarter and 24% for the year-to-date
Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for the quarter and $747.0 million ($3.74 loss per share basic) for the year-to-date, which includes non-cash impairment charges of $960.0 million related to goodwill, broadcast licences as well as trade mark and brand assets, and program rights
Proforma net debt to segment profit⁽¹⁾ of 3.91 times at May 31,

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS

Mon, 15 Jul 2024 06:00:00 -0500

Consolidated revenue decreased 16% for the quarter and 15% for the year-to-date
Consolidated segment profit⁽¹⁾ decreased 30% for the quarter and 16% for the year-to-date
Consolidated segment profit margin⁽¹⁾ of 20% for the quarter and 24% for the year-to-date
Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for the quarter and $747.0 million ($3.74 loss per share basic) for the year-to-date, which includes non-cash impairment charges of $960.0 million related to goodwill, broadcast licences as well as trade mark and brand assets, and program rights
Proforma net debt to segment profit⁽¹⁾ of 3.91 times at May 31,

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS

Mon, 15 Jul 2024 06:00:00 -0500

Consolidated revenue decreased 16% for the quarter and 15% for the year-to-date
Consolidated segment profit⁽¹⁾ decreased 30% for the quarter and 16% for the year-to-date
Consolidated segment profit margin⁽¹⁾ of 20% for the quarter and 24% for the year-to-date
Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for the quarter and $747.0 million ($3.74 loss per share basic) for the year-to-date, which includes non-cash impairment charges of $960.0 million related to goodwill, broadcast licences as well as trade mark and brand assets, and program rights
Proforma net debt to segment profit⁽¹⁾ of 3.91 times at May 31,

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS

Mon, 15 Jul 2024 06:00:00 -0500

Consolidated revenue decreased 16% for the quarter and 15% for the year-to-date
Consolidated segment profit⁽¹⁾ decreased 30% for the quarter and 16% for the year-to-date
Consolidated segment profit margin⁽¹⁾ of 20% for the quarter and 24% for the year-to-date
Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for the quarter and $747.0 million ($3.74 loss per share basic) for the year-to-date, which includes non-cash impairment charges of $960.0 million related to goodwill, broadcast licences as well as trade mark and brand assets, and program rights
Proforma net debt to segment profit⁽¹⁾ of 3.91 times at May 31,

CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTS

Mon, 15 Jul 2024 06:00:00 -0500

Consolidated revenue decreased 16% for the quarter and 15% for the year-to-date
Consolidated segment profit⁽¹⁾ decreased 30% for the quarter and 16% for the year-to-date
Consolidated segment profit margin⁽¹⁾ of 20% for the quarter and 24% for the year-to-date
Net loss attributable to shareholders of $769.9 million ($3.86 loss per share basic) for the quarter and $747.0 million ($3.74 loss per share basic) for the year-to-date, which includes non-cash impairment charges of $960.0 million related to goodwill, broadcast licences as well as trade mark and brand assets, and program rights
Proforma net debt to segment profit⁽¹⁾ of 3.91 times at May 31,