Corus Entertainment Inc. – An Investment Perspective May 2003. CONFIDENTIAL. Safe Harbour Disclosure.
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Certain statements included in this presentation constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Such factors include, among others, the following: the impact of conditions in the entertainment, information and communications industries; risks associated with the economic, political and regulatory policies of local governments and laws and policies of Canada; the potential impact of increased competition in the Company’s markets; and other factors which are described in the Company’s filings with the Securities and Exchange Commission.
2002 Revenue: $211 million
EBITDA: $53 million
2002 Revenue: $285 million
EBITDA: $90 million
2002 Revenue: $160 million
EBITDA: $19 million
Company Overview (1)
2002 Revenue: $653 million(2) EBITDA: $156 million(3)
(1) Fiscal year ending 8/31/02, pro forma for the library write-off at Nelvana.
(2) Includes ($3.2) million of intercompany eliminations.
(3) Includes ($4.9) million of Corporate EBITDA and ($0.5) million of eliminations.
Execution and Strategy
Margin Improvements for 2003
Focus on Integration
Execution and Strategy (Cont’d)
Corus’ core operations of Radio and Television are expected to continue to perform well while the Company is addressing Nelvana and slowing digital subscriber growth