The Financial Post reports in its Saturday, April 12, edition that Corus Entertainment reported a loss in its second quarter as its revenue fell 10 per cent compared with a year ago. A Canadian Press dispatch to the Post reports that the television and radio broadcaster says it saw a loss attributable to shareholders of $55.9-million or 28 cents per diluted share for the quarter ended Feb. 28. The result compared with a loss of $9.8-million or five cents per share in the same period a year earlier. Revenue totalled $270.4-million for the quarter, down from $299.5-million. The drop came as Corus reported $251.8-million in television revenue, down from $278.1-million a year earlier, while radio revenue amounted to $18.5-million, down from $21.5-million. On an adjusted basis, Corus says it lost 21 cents per share in its latest quarter compared with an adjusted loss of three cents per share a year ago. As Corus looks to take advantage of the described boost in demand for Canadian ad spending, TD Cowen analyst Vince Valentini questioned whether that trend would be sustainable, especially given that Corus lacks the digital scale of U.S. streaming giants.