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Corus Entertainment reports a $55.9 million Q2 loss, seeing hope in the "Buy Canadian" trend.
Corus Entertainment, a Canadian media company, reported a second-quarter loss of $55.9 million, marking a 10% drop in revenue to $270.4 million compared to the previous year.
Despite the financial downturn, the company sees potential growth in advertising revenue due to the "Buy Canadian" movement, driven by increased consumer interest in Canadian products amid US tariffs.
Corus Entertainment operates television and radio networks and digital platforms.
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Corus Entertainment reporta una pérdida de $55.9 millones de Q2, viendo esperanza en la tendencia "Comprar canadiense".