Corus Entertainment Inc. Class B · TSX:CORS
Corus Entertainment Inc. Class B — Q3 2009 Earnings Presentation
8 slides from Corus Entertainment Inc. Class B's earnings presentation, Jul 15, 2009
Slide 1: 2009 Q3 Analyst Conference Call
2009 Q3 Analyst Conference Call Wednesday, July 15, 2009 at 2 p.m. ET / 1 p.m. CT / 12 noon MT / 11 a.m. PT •The dial-in number for the conference call is 1-800-918-9577 (toll-free North America) or 416-981-9000 (local or international). •A replay of this call will be available beginning July 15 at
Slide 2: Safe Harbour Disclosure
Safe Harbour Disclosure Forward-Looking Statements To the extent any statements made in this report contain information that is not historical; these statements are forward-looking statements and may be forward-looking information within the meaning of applicable securities laws (collectively, “forw
Slide 3: Consolidated Revenues
Consolidated Revenues 700,000 -1% 600,000 500,000 $000 (Cdn) 400,000 F'08 300,000 F'09 -6% 200,000 100,000 - Q3 YTD Q3 F’09: $195.4 million versus $207.8 million a year ago YTD F’09: $593.5 million versus $601.4 million a year ago 3
Slide 4: Consolidated Segment Profit
Consolidated Segment Profit -5% $000 (Cdn) -14% Q3 F’09: $61.4 million versus $71.8 million a year ago YTD F’09: $193.8 million versus $204.9 million a year ago 4
Slide 5: Broadcast Licence and Goodwill Impairment
Broadcast Licence and Goodwill Impairment Cdn ($000) Net book value of Radio* $ 626,500 Add "hypothetical purchase equation" increments, net of tax Broadcast licences $ 130,000 Other long-lived assets $ 14,000 Less fair value of Radio* * $ (607,000) Goodwill Impairment $ 163,500 New net book value o
Slide 6: Q3 Review
Q3 Review Continued positive free cash flow Television revenues down 1% and segment profit down 5% versus a year ago Positive subscriber growth on all services, led by VIVA, Movie Central and CMT (+13%) Subscription growth of 63,000 subs on Movie Central versus a year ago (+7%) Overall Spe
Slide 7: Outlook
Outlook Continued solid growth from our pay TV business Continued specialty subscriber growth Women’s channels will continue to deliver positive results Investment in SexTV and Drive-In Classics acquisition will drive further growth in our movies and women’s portfolio Kids ad revenues will
Slide 8: 2009 Q3 Analyst Call
fOt\s ENTERTAINMENT 2009 Q3 Analyst Call