On August 19, 2019, DBRS Limited (DBRS) confirmed the Issuer Rating of Corus Entertainment Inc. (Corus or the Company) at BB with a Stable trend. The rating confirmation reflects both the intensifying competitive pressures in the industry and the better-than-expected television (TV) advertising revenue performance and balance sheet deleveraging year-to-date (YTD) Q3 F2019. The BB rating continues to reflect Corus’s stable market position in its TV business, strong cash-generating capacity and ...
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