Corus Entertainment Announces Voluntary U.S. Deregistration

Corus Entertainment Announces Voluntary U.S. Deregistration

TORONTO, Aug. 15, 2011 /PRNewswire/ - Corus Entertainment Inc. (TSX: CJR.B) announced today that it has filed a Form 15F with the
U.S. Securities and Exchange Commission ("SEC") with the intention of
voluntarily terminating the registration of its Class B Non-Voting
Shares ("Class B Shares") under the Securities Exchange Act of 1934, as
amended (the "Exchange Act").

Corus expects that this termination of registration of its Class B
Shares with the SEC will become effective 90 days after the Form 15F
filing date, or within such shorter period as the SEC may determine. 
As a result of this filing, Corus' obligation to file certain reports
with the SEC, including an annual report on Form 40-F and reports on
Form 6-K, will immediately be suspended. Corus is current with its
reporting requirements under the Exchange Act up to and including the
date of this release.

Corus will continue to list and trade its Class B Shares on the Toronto
Stock Exchange ("TSX") under the symbol "CJR.B".  The Company will
continue to comply with its Canadian continuous disclosure requirements
by making filings with the Canadian Securities Administrators ("CSA")
through the System for Electronic Document Analysis and Retrieval
("SEDAR") at www.sedar.com.

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: Tom Peddie, FCA 
Executive Vice President and Chief Financial Officer 
Corus Entertainment Inc. 
416.479.6080

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