Corus Restructures TV, Content Divisions

TORONTO, September 12: Corus Entertainment has announced a
new organizational structure for its television and content divisions,
eliminating about 83 jobs in total.

The Corus restructure will see one segment focused on kids
and the other focusing on lifestyle, drama and movies.

Nelvana joins the new kids’ portfolio, which includes Treehouse,
YTV, TELETOON and Discovery Kids Canada. Scott Dyer becomes EVP and GM of Kids,
reporting to Paul Robertson, the president of Corus Television. Dyer will be
responsible for overseeing YTV, Treehouse, Discovery Kids Canada, and Nelvana
Studios.

Nelvana Enterprises will focus
on broadcast sales, new platform opportunities and consumer products licensing
for all Corus brands internationally. Doug Murphy becomes president of Nelvana
Enterprises, reporting to John Cassaday, the president and CEO of Corus
Entertainment. Nelvana Enterprises will operate out of Toronto, Paris and
Shannon, Ireland, closing its offices in the U.K. and Los Angeles.

In the lifestyle, drama and movies portfolio, Susan Ross
becomes EVP and GM of lifestyle, drama and movies portfolio. Reporting to Paul
Robertson, Ross will be responsible for Movie Central, W Network, CMT and
SCREAM. “Creating a new lifestyle, drama and movies portfolio allows Corus to
maximize program buying efficiencies across these high-growth assets and focus
on integrated strategies for movie acquisitions and investments, as well as
website and other new platform plans, including SVOD, VOD and high-definition
rollouts,” said Robertson.

Andrew Eddy, currently VP and GM of Movie Central, takes on
the role of VP of program strategy and investment. Reporting to Ross on Movie
Central programming, Eddy will also report to Robertson and be responsible for
equity film investments, programming operations, industry relations and special
projects.

As a result of this new structure, Movie Central operations
in Edmonton will be integrated into the Corus facilities in Toronto.
“Consolidating our management and operational teams into one location ensures a
more integrated and cost-efficient means of achieving our strategic
objectives,” said Robertson.

All appointments are effective today. Corus expects all
changes resulting from the new organizational structure to be completed by
January 2007. A total of 83 jobs will be eliminated as a result of the new
organizational structure.

“In an evolving world of new content delivery options, this
new structure allows us to strengthen our connection with our audiences across
all platforms while delivering on our company’s strategies and business
objectives,” said Cassaday.