Corus must 'take some risks' after recapitalization approval grants lifeline: expert Corus must 'take some risks' Despite the company receiving a reprieve from Canada's broadcasting regulator, critics say Corus Entertainment Inc.'s new owners will need to invest in differentiated content in order to turn around its financial situation.
The beleaguered broadcaster's proposed recapitalization plan got the green light from the CRTC on Thursday, in a move that would see a change in ownership and shift effective control of all licensed programming services operated by the company and its subsidiaries.
Corus had....
