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 ...

To be facilitated by way of a plan of arrangement, with Corus seeking to reduce total debt and other liabilities by over $500 million, reduce annual cash interest by up to $40 million, and issue new ...

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 ...

Corus Entertainment’s board of directors has approved a plan to significantly reduce the company’s debt in a recapitalization transaction with lenders and bondholders. The move will see Corus fall ...

TORONTO (AP) — TORONTO (AP) — Corus Entertainment Inc. (CJREF) on Thursday reported a loss of $202 million in its fiscal fourth quarter. The Toronto-based company said it had a loss of $1.01 per share ...

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 ...

A legendary animation studio has shut down its production of new shows nearly 55 years since it first opened. Animation fans in Canada might be all too familiar with many of the changes going on with ...

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 ...