Corus Entertainment reports $32.7-million first-quarter profit as its revenue dropped 14%

Corus Entertainment Inc. CJR-B-T reported a first-quarter profit of $32.7-million, up from $31.4-million a year earlier, as its revenue fell 14 per cent. Corus chief executive Doug Murphy says the impacts of industry-wide advertising market weakness were partially offset by reductions in…

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