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International Entertainment News

Wednesday, May 25, 2011

CORUS ENTERTAINMENT TO FILE FOR NORMAL COURSE ISSUER BID

CORUS ENTERTAINMENT TO FILE FOR NORMAL COURSE ISSUER BID


TORONTO, May 25, 2011 /PRNewswire/ - Corus Entertainment Inc. (TSX: CJR.B) announced today its plan to file a notice of intention to
make a Normal Course Issuer Bid ("NCIB") for its Class B Non-Voting
Participating Shares through the facilities of the Toronto Stock
Exchange ("TSX").  The NCIB is conditional on TSX approval.  The bid
will be restricted to a maximum of three million, nine hundred thousand
(3,900,000) Class B Non-Voting Participating Shares. This represents no
more than 5% of the Company's 78,870,884 Issued and Outstanding Class B
Non-Voting Participating Shares as at April 29, 2011.

Corus Entertainment Inc. reports in Canadian dollars.


About Corus Entertainment Inc.

Corus Entertainment Inc. is a Canadian-based media and entertainment
company. Corus is a market leader in specialty television and radio
with additional assets in pay television, television broadcasting,
children's book publishing and children's animation. The Company's
multimedia entertainment brands include YTV, Treehouse, Nickelodeon
(Canada), W Network, OWN: Oprah Winfrey Network (Canada), CosmoTV,
Sundance Channel (Canada), Movie Central, HBO Canada, Nelvana, Kids Can
Press and radio stations including CKNW AM 980, 99.3 The FOX, Country
105, 630 CHED, Q107 and 102.1 the Edge. Corus creates engaging branded
entertainment experiences for its audiences across multiple platforms.
A publicly traded company, Corus is listed on the Toronto Stock
Exchange (CJR.B). Experience Corus on the web at www.corusent.com.


SOURCE Corus Entertainment Inc.

Corus Entertainment Inc.

CONTACT: John Cassaday 
President and Chief Executive Officer 
Corus Entertainment Inc. 
416.479.6018  Tom Peddie, FCA 
Executive Vice President and 
Chief Financial Officer 
Corus Entertainment Inc. 416.479.6080Sally Tindal
Director, Communications
Corus Entertainment Inc.
416.479.6107


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