Latest news with #CorusEntertainment
Business Upturn
12-07-2025
- Entertainment
- Business Upturn
Smiling Friends Season 3: Release date rumors, cast updates and what to expect next
By Aman Shukla Published on July 12, 2025, 20:00 IST Last updated July 12, 2025, 14:36 IST If you're a fan of Smiling Friends , the delightfully weird animated series from Zach Hadel and Michael Cusack, you're probably itching for news about Season 3. This Adult Swim gem, packed with absurd humor and colorful characters, has us all hooked. So, what's the latest on when we'll see Charlie, Pim, and the crew again? Who's joining the cast? And what kind of wild adventures are in store? Let's dive into the rumors, updates, and everything we're excited about for Smiling Friends Season 3. Release Date Rumors for Smiling Friends Season 3 The big question on everyone's mind: when does Season 3 drop? While Adult Swim hasn't locked in an exact date, the buzz points to a Fall 2025 premiere. A report from Corus Entertainment, which runs Adult Swim Canada, mentioned a fall launch, and since the US and Canada typically get releases around the same time, we're hopeful for September to November 2025. This lines up with Adult Swim's tease at the Annecy International Animation Film Festival in June 2025, where they confirmed Season 3 is coming this fall. Who's in the Cast for Smiling Friends Season 3? The heart of Smiling Friends is its quirky cast, and thankfully, the main voices are sticking around. Here's who we expect to hear: Michael Cusack bringing life to Pim, Allan, and a bunch of other oddballs. bringing life to Pim, Allan, and a bunch of other oddballs. Zach Hadel as Charlie, Glep, and more. as Charlie, Glep, and more. Marc M. as the unhinged Mr. Boss. A fun addition for Season 3? Connor O'Malley is guest-starring as Silly Samuel in the first episode, a character who's apparently struggling with his bizarre looks. The show loves throwing in surprise guest stars, and O'Malley's comedic chops should fit right in. We're also stoked for the return of fan-favorite side characters. Cusack has confirmed Mr. Frog is back, and honestly, that chaotic little guy is basically the show's mascot. There's also chatter about characters like DJ Spit possibly popping up, though Hadel and Cusack are careful not to overuse anyone whose story feels wrapped up. A new character, Pim's brother, was teased in a ScreenRant interview, so we might get a deeper look into Pim's world. New clients and creatures are a given, keeping things as unpredictable as ever. What to Expect from Smiling Friends Season 3? So, what can we expect from Season 3? If you love Smiling Friends for its off-the-wall humor and heart, you're in for a treat. Here's the scoop based on what we've heard: Keeping It Fun and Episodic Hadel and Cusack have doubled down on keeping the show light and digestible—like grabbing a quick burger, not sitting down for a five-course meal. In an Annecy interview, Hadel said they're steering clear of heavy drama or serialized plots. Instead, each episode will have Charlie and Pim tackling bizarre new clients, from sad sacks to total weirdos. It's the kind of show you can jump into anytime and just laugh. More Episodes, Including a Christmas Special Season 3 is set to have 10 episodes, up from Season 2's eight. One episode to get excited about is a Christmas special centered on a character who 'needs more love.' Could it be Allan finally getting his moment? Or maybe Glep? We're curious! The extra episodes mean more chances for the show to flex its creative muscles. Wild Animation Experiments One thing Smiling Friends does better than most is play with animation styles. Expect more of that in Season 3—think claymation, retro VHS vibes, or maybe even some live-action chaos. Cusack hinted that the first episode will do something big with the medium, likely tied to Silly Samuel's story. It's this mix of 2D, 3D, stop motion, and more that keeps every episode visually fresh. Pop Culture Nods and Fresh Faces Season 2 gave us Gwimbly, a hilarious take on forgotten 90s video game mascots. Season 3 will likely keep poking fun at pop culture while introducing new characters that are equal parts absurd and lovable. From washed-up celebs to creatures you'd never dream up, the episodic setup guarantees variety. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Globe and Mail
11-07-2025
- Business
- Globe and Mail
SpongeBob, Backyardigans to go off air later this summer as Corus winds down five kids channels
Corus Entertainment Inc. CJR-B-T plans to wind down five kids' channels later this summer as the broadcaster continues to cope with advertising revenue challenges. The company says in a statement it will stop distributing ABC Spark, Nickelodeon, Disney French (La Chaine Disney), Disney XD and Disney Jr. channels as of Sept. 1. Shows going off air would include SpongeBob SquarePants, The Backyardigans and Bluey. A spokesperson says the move comes after a 'comprehensive review' of Corus's portfolio of channels surrounding the 'evolving needs of our audiences and distribution partners.' Corus says it will still operate the Disney Channel across its TV and streaming platforms. Last month, the company said it slashed seven per cent of employee costs in its most recent quarter and was continuing to look for savings amid an advertising revenue slump. Chief executive John Gossling told analysts that Corus anticipates TV advertising revenue to decline about 20 per cent year-over-year in the current quarter as 'geopolitical and economic uncertainty' linger.
Yahoo
28-06-2025
- Business
- Yahoo
Corus Entertainment Third Quarter 2025 Earnings: CA$0.04 loss per share (vs CA$3.86 loss in 3Q 2024)
Revenue: CA$297.8m (down 10% from 3Q 2024). Net loss: CA$7.34m (loss narrowed by 99% from 3Q 2024). CA$0.04 loss per share (improved from CA$3.86 loss in 3Q 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is expected to decline by 7.2% p.a. on average during the next 3 years, while revenues in the Media industry in North America are expected to grow by 2.8%. Performance of the market in Canada. The company's share price is broadly unchanged from a week ago. We don't want to rain on the parade too much, but we did also find 3 warning signs for Corus Entertainment (2 are significant!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Business Insider
28-06-2025
- Business
- Business Insider
TD Securities Remains a Sell on Corus Entertainment (CJREF)
In a report released today, from TD Securities maintained a Sell rating on Corus Entertainment (CJREF – Research Report), with a price target of C$0.05. The company's shares closed last Friday at $0.07. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter In addition to TD Securities, Corus Entertainment also received a Sell from Canaccord Genuity's Aravinda Galappatthige in a report issued today. However, yesterday, BMO Capital maintained a Hold rating on Corus Entertainment (Other OTC: CJREF). CJREF market cap is currently $16.09M and has a P/E ratio of -0.02.
Yahoo
27-06-2025
- Business
- Yahoo
Corus Entertainment Inc (CJREF) Q3 2025 Earnings Call Highlights: Navigating Revenue Declines ...
Consolidated Revenue: $298 million, a 10% decrease from the prior year. Consolidated Segment Profit: $62 million, reflecting lower revenue but offset by cost control measures. Consolidated Segment Profit Margin: 21%, up from 20% last year. Free Cash Flow: Negative $33 million, impacted by lower segment profit and higher restructuring costs. Net Debt to Segment Profit: 5.7 times, compared to 3.84 times at the end of August 2024. TV Segment Revenue: $275 million, down 11%. TV Advertising Revenue: Declined 15% in Q3. Subscriber Revenue: $111 million, down 5%. TV Segment Profit Margin: 23%, up from 22% in the prior year period. Radio Segment Revenue: $23 million, 1% lower than the prior year. Radio Segment Profit: $5.1 million, with a profit margin doubling to 22% from 11% in the prior year period. Warning! GuruFocus has detected 7 Warning Signs with CJREF. Release Date: June 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Corus Entertainment Inc (CJREF) successfully amended and extended its credit facility, improving terms and positioning for sustainability. The company achieved significant cost reductions, including a 30% headcount reduction since August 2022, enhancing operational efficiency. Global TV, a part of Corus, remains one of Canada's most trusted networks, with a 4% increase in viewership year-over-year. Corus launched two rebranded specialty lifestyle networks, Home and Flavour, which are performing well in terms of audience engagement. The streaming portfolio, including STACKTV, had its strongest winter-spring season ever, with a 7% increase in streaming hours year-over-year. The advertising environment remains challenging due to economic uncertainty and oversupply of digital inventory, impacting revenue visibility. Consolidated revenue decreased by 10% year-over-year, driven by declines in TV advertising and subscription revenue. Free cash flow was negative $33 million in the quarter, reflecting lower segment profit and higher restructuring costs. Net debt to segment profit increased to 5.7 times, up from 3.84 times at the end of August 2024, due to lower segment profit. The company anticipates a 20% year-over-year decline in television advertising revenue for Q4 of fiscal 2025. Q: Can you elaborate on the better-than-expected TV profit and the moving pieces on TV costs? A: John Gossling, Co-CEO and CFO, explained that the positive variance was due to being under on programming costs compared to the outlook, a $5 million benefit from a tax credit true-up in film investment amortization, and a $6 million pickup related to digital initiatives. Q: How did the free preview for Home and Flavour channels perform, and what is the status of their carriage across major distributors? A: John Gossling stated that the free preview was successful, with strong ratings and subscriber results. The free preview period has ended, unlike competitor channels that remain in perpetual free preview. Q: What are your expectations from the CRTC hearings, and when do you anticipate decisions to be made? A: Jennifer Lee, Chief Administrative Officer and Chief Legal Officer, mentioned that they are seeking smarter rules and fair competition. The CRTC aims to renew licenses effective for fiscal 2027, with decisions expected by the end of the calendar year or in fiscal 2026. Q: Is stability now the goal for TV margins, and how are you planning for fiscal 2026? A: John Gossling indicated that the goal is to keep margins stable, though challenging due to the advertising environment. They aim to manage content costs better, with a focus on stabilizing margins despite revenue pressures. Q: How do you view the TV ad market, considering linear pressure, premium video inventory oversupply, and macroeconomic factors? A: John Gossling noted that the market is tough, with every category down except travel and election spending. The pressure is due to economic, supply chain, and geopolitical factors, along with shifts to other platforms. Q: Can you clarify the $6 million reduction in digital initiatives? Is it a sustained reduction or a one-off item? A: John Gossling clarified that it relates to platform costs rather than a slowdown in marketing or product development. It will help going forward, though not to the same extent each quarter. Q: Is the advertising market weakness specific to Corus, or is it industry-wide? A: John Gossling acknowledged that Corus's reliance on linear puts them in a tougher spot, with digital products also feeling pressure. The market is competitive, and sports programming has been a significant factor. Q: What is your regulatory strategy, and are you advocating for significant changes? A: Jennifer Lee emphasized advocating for smarter rules and fair competition. John Gossling added that they are participating constructively with regulators, though some issues like digital services tax and advertising deductibility require broader industry efforts. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
