Corus profit more than doubles

Thu Jul 11, 2013 7:10am EDT
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July 11 (Reuters) - Canadian media company Corus Entertainment Inc said third-quarter profit more than doubled, mainly due to the sale of its non-controlling interest in speciality channel Food Network Canada.

Net income attributable to shareholders rose to C$89.9 million ($85.5 million), or C$1.07 per share, from C$43.2 million, or 51 Canadian cents per share, a year earlier.