For the fiscal year 2023, Corus Entertainment's television segment generated around 1.41 billion Canadian dollars in revenue, down from around 1.49 billion reported in fiscal 2022. The radio segment is typically less lucrative, generating 102.8 million Canadian dollars in the fiscal year 2023.
Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment
(in million Canadian dollars)
Corus Entertainment operates on fiscal years that begins September 1 and ends August 31. For fiscal 2013, as a result of retroactive application of IFRS 11 - Joint Arrangements, the Company is no longer permitted to proportionately consolidate its 50% equity interest in the operations of TELETOON up to August 31, 2013 (i.e. prior to the business combination on September 1, 2013) and is required to account for its investment using the equity method of accounting. As a consequence, the Television revenues and segment profit for the year ended August 31, 2013 were reduced by $52.0 million and $19.0 million, respectively, and Corus’ share of TELETOON’s net income of $12.1 million was reported as Other expense (income) in the Consolidated Statements of Income and Comprehensive Income. The restatement did not change reported net income for fiscal 2013. Figures have been rounded.
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Corus Entertainment. (October 27, 2023). Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment (in million Canadian dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/
Corus Entertainment. "Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment (in million Canadian dollars)." Chart. October 27, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/
Corus Entertainment. (2023). Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment (in million Canadian dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/
Corus Entertainment. "Annual Revenue Generated by Corus Entertainment in Fiscal Years 2010 to 2023, by Segment (in Million Canadian Dollars)." Statista, Statista Inc., 27 Oct 2023, https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/
Corus Entertainment, Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment (in million Canadian dollars) Statista, https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/ (last visited November 23, 2024)
Annual revenue generated by Corus Entertainment in fiscal years 2010 to 2023, by segment (in million Canadian dollars) [Graph], Corus Entertainment, October 27, 2023. [Online]. Available: https://www.statista.com/statistics/486015/corus-entertainment-revenue-annual-segment/
