The Financial Post reports in its Saturday, Oct. 22, edition that Corus Entertainment posted a fourth quarter loss of $367.1-million as it took a one-time, non-cash charge related to its television business. A Canadian Press dispatch to The Globe reports that the broadcaster says the goodwill impairment charge amounted to $350-million. Corus chief executive officer Doug Murphy cited the impacts of an uncertain economic environment on advertising demand in the quarter. The overall loss amounted to $1.82 per diluted share for the quarter ended Aug. 31 compared with a profit of $19.9-million or 10 cents per diluted share in the same quarter a year earlier. Revenue totalled $339.6-million, down from $361.3-million in the same quarter last year. On an adjusted basis, Corus says it lost $17.1-million or eight cents per share in its latest quarter compared with an adjusted profit of $21.7-million or 10 cents per share a year ago.