webnexttech | Corus says Global News ’changes’ affect jobs, won’t disclose how many
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Corus announced last week it had been informed by Warner Bros. Discovery that some of its programming arrangements would not be renewed when they expire at the end of the year. On Monday, Rogers Communications Inc. said it had signed multi-year deals with NBCUniversal and Warner Bros. for their popular lifestyle and entertainment brands in Canada, including HGTV, the Food Network and others. That will take effect in January 2025. In April, Corus chief executive Doug Murphy said the company continues to reduce costs following job cuts and a programming reduction plan that began last year. He said the company lowered expenses by 13 per cent, or $38 million, in its latest quarter that ended Feb. 29, and has slashed 15 per cent of costs, or $88 million, year to date.

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