13:22:56 EDT Wed 08 May 2024
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Corus Entertainment Inc
Symbol CJR
Shares Issued 203,805,066
Close 2022-04-06 C$ 4.77
Market Cap C$ 972,150,165
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Corus division signs distribution deal with Hulu

2022-04-07 12:08 ET - News Release

Ms. Lisa Godfrey reports

CORUS STUDIOS SECURES LARGEST MULTI-YEAR U.S. DISTRIBUTION DEAL WITH 400+ EPISODES OF PREMIUM CONTENT ACQUIRED BY HULU

Corus Entertainment Inc. division Corus Studios has arranged its largest U.S. output deal ever with streaming platform Hulu consisting of over 400 episodes of lifestyle, renovation, unscripted and crime content. This new multiyear agreement adds to the previously announced Corus Studios content sale of over 200 episodes from last year. The expanded partnership includes the U.S. presale of Pamela's Garden of Eden (eight 60-minute episodes) following iconic star Pamela Anderson as she renovates her family home, among additional first looks within the arrangement.

"Building on our valued partnership with Hulu, this agreement marks Corus Studios' largest U.S. market distribution deal to date," said Lisa Godfrey, senior vice-president of original content and Corus Studios. "Corus Studios is known for its premium storytelling, and this output arrangement illustrates how our compelling slate of content across key genres is gaining significant traction in the highly competitive U.S. market."

As Corus Studios grows its catalogue in the crime and investigation category, a genre that continues to see demand internationally, Hulu picks up all three seasons of Corus's Global News-produced series Crime Beat (53 60-minute episodes), based on the successful podcast of the same name.

In the home and renovation genres, content that joins Ms. Anderson's Garden of Eden for U.S. premieres on Hulu include: Gut Job (eight 60-minute episodes), Hoarder House Flippers (six 60-minute episodes), Styled (eight 60-minute episodes), Trading Up with Mandy Rennehan (10 60-minute episodes) Making It Home with Kortney and Kenny (10 60-minute episodes) and Rock Solid Builds (Season 1 --10 60-minute episodes, and Season 2 -- 10 60-minute episodes). Hulu will also carry additional seasons of Farmhouse Facelift (Season 2 -- eight 60-minute episodes), and will be the SVOD (subscription video on demand) home of Buying The View (26 30-minute episodes).

Adventures in the culinary world and food competition series continue to generate high demand with the first U.S. sale of docu-series Cheese: A Love Story (six 60-minute episodes) and baking competition Wall of Bakers (10 60-minute episodes). Hulu's deal also includes travelogue series Baker Sisters (Season 1 -- 13 30-minute episodes), plus pick ups of additional seasons of Big Food Bucket List (Season 3 -- 14 30-minute episodes), Project Bakeover (Season 2 -- 10 60-minute episodes) and Wall of Chefs (Season 2 -- 10 60-minute episodes).

As announced in Corus Studios' first presale deal last year, Hulu secured gold-hunting series Deadman's Curse (eight 60-minute episodes) and continues to pick up unscripted titles, including Lost Car Rescue (six 60-minute episodes), making its first sale in the U.S. market, and Backroad Truckers (Season 1 -- right 60-minute episodes and Season 2 -- eight 60-minute episodes).

This landmark Hulu deal was brokered by Rita Carbone Fleury, worldwide sales lead for Corus Studios. The Corus Studios sales team comprises Ms. Fleury, worldwide sales lead, Leyla Formoso, representing sales for Latin American and select European territories, and Pooja Nirmal Kant, overseeing sales in Asia and central Eastern Europe.

Corus Studios' original content team driving its slate of lifestyle and factual series is helmed by industry executives Colin Bohm, executive vice-president of content and corporate strategy, Ms. Godfrey, senior vice-president of original content and Corus Studios, long-time TV veterans Krista Look, vice-president, original content, lifestyle, and Rachel Nelson, vice-president, original content, scripted, factual and kids. Ms. Anderson is represented by ICM Partners.

About Corus Entertainment Inc.

Corus Entertainment is a leading media and content company that develops and delivers high-quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company's portfolio of multimedia offerings encompasses 33 specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software, technology, and media services. Corus is an internationally renowned content creator and distributor through Nelvana, a world-class animation studio expert in all formats, and Corus Studios, a globally recognized producer of hit scripted and unscripted content. The company also owns innovative full-service social digital agency so.da, lifestyle entertainment company Kin Canada, leading 2-D animation software supplier Toon Boom and children's book publishing house Kids Can Press. Corus's roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, the History Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Q107, Country 105 and CFOX, along with broadly distributed Canadian streaming platforms StackTV, Nick+, the Global TV app and Curiouscast.

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