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or Name
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CA



Corus Entertainment Inc
Symbol CJR
Shares Issued 82,843,072
Close 2015-03-30 C$ 19.85
Market Cap C$ 1,644,434,979
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Corus licenses Nickelodeon content rights in Canada

2015-03-31 10:41 ET - News Release

Mr. Doug Murphy reports

CORUS ENTERTAINMENT SECURES ALL PROGRAMMING RIGHTS TO NICKELODEON CONTENT IN CANADA

Corus Entertainment Inc. and Nickelodeon, a division of Viacom International Media Networks (VIMN), are broadening their partnership with a new long-term agreement that grants Corus exclusive rights to all of Nickelodeon's English- and French-language content across existing and emerging digital platforms, as well as linear services in Canada.

Under the terms of the new licensing deal, Corus is the sole distributor and rights holder of Nickelodeon's robust catalogue of current content and library titles in Canada. The all-encompassing agreement gives Corus the ability to exploit Nickelodeon's content across linear and non-linear platforms, including OTT, SVOD, electronic sell-through, games and mobile apps. In addition to English-language rights, this new deal includes rights to Nickelodeon's French-language programming.

"This marks a new phase of our enhanced partnership with Nickelodeon and builds on Corus's 10-year history as a trusted steward for the brand," said Doug Murphy, president and chief executive officer of Corus Entertainment. "We are excited to leverage Nickelodeon's high-quality content in new and innovative ways, giving Corus a competitive edge in this evolving media landscape, while offering Canada's young, savvy digital consumers and their families full access to Nickelodeon's brands."

"We have a well-established track record of success with Corus. We're thrilled to extend and deepen our partnership, which marries the power of our brand and award-winning kids content with the leading children's media company in Canada," said Pierluigi Gazzolo, president of VIMN Americas and executive vice-president of Nickelodeon International. "Expanding our long-term relationship with additional rights will ensure Canadian kids and families can access our content across all relevant platforms."

Canadian audiences have been enjoying Nickelodeon content on Corus's kids and family networks, YTV and Treehouse, since 2005, when Corus signed its first output deal with Nickelodeon. Subsequently, in 2009, Corus launched Nickelodeon (Canada) offering Canadians a stand-alone channel dedicated to the Nickelodeon brand and its properties. Nickelodeon's iconic hits include SpongeBob SquarePants, Teenage Mutant Ninja Turtles and iCarly, as well as favourite Nick Jr. series Dora and Friends, Team Umizoomi and Bubble Guppies, among others.

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