Corus Entertainment Inc. plans to wind down five kids' channels later this summer as the broadcaster continues to cope with advertising revenue challenges.
The company says in a statement it will stop distributing ABC Spark, Nickelodeon, La Chaine Disney, Disney XD and Disney Jr. channels as of September 1st, 2025.
A spokesperson says the move comes after a "comprehensive review" of Corus' portfolio of channels surrounding the "evolving needs of our audiences and distribution partners."
Corus says it will still operate the Disney Channel across its TV and streaming platforms.
Last month, the company said it slashed seven per cent of employee costs in its most recent quarter and was continuing to look for savings amid an advertising revenue slump.
Chief executive John Gossling told analysts that Corus anticipates TV advertising revenue to decline about 20 per cent year-over-year in the current quarter as "geopolitical and economic uncertainty" linger.
"Corus regularly reviews its portfolio of channels to ensure we are meeting the evolving needs of our audiences and distribution partners. Following a comprehensive review we have decided to cease distribution of the ABC Spark, Nickelodeon, Disney French (La Chaine Disney), Disney XD and Disney Jr. channels. These channels will no longer be available as of September 1, 2025 at 12:01 a.m. ET."
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Corus Entertainment Inc. plans to wind down five kids' channels later this summer as the broadcaster continues to cope with advertising revenue challenges.
The company says in a statement it will stop distributing ABC Spark, Nickelodeon, La Chaine Disney, Disney XD and Disney Jr. channels as of September 1st, 2025.
A spokesperson says the move comes after a "comprehensive review" of Corus' portfolio of channels surrounding the "evolving needs of our audiences and distribution partners."
Corus says it will still operate the Disney Channel across its TV and streaming platforms.
Last month, the company said it slashed seven per cent of employee costs in its most recent quarter and was continuing to look for savings amid an advertising revenue slump.
Chief executive John Gossling told analysts that Corus anticipates TV advertising revenue to decline about 20 per cent year-over-year in the current quarter as "geopolitical and economic uncertainty" linger.
"Corus regularly reviews its portfolio of channels to ensure we are meeting the evolving needs of our audiences and distribution partners. Following a comprehensive review we have decided to cease distribution of the ABC Spark, Nickelodeon, Disney French (La Chaine Disney), Disney XD and Disney Jr. channels. These channels will no longer be available as of September 1, 2025 at 12:01 a.m. ET."
1 month ago | [YT] | 2