Corus Entertainment announces proposed two-for-one stock split

Corus Entertainment announces proposed two-for-one stock split

TORONTO, Oct. 25 /PRNewswire-FirstCall/ -- Corus Entertainment Inc. (TSX: CJR.B; NYSE: CJR) announced today that it plans to implement a two-for-one stock split for its issued and outstanding Class A Participating Shares and Class B Non-Voting Participating Shares. The stock split, which has been approved by Corus' Board of Directors, must be approved by shareholders at a special meeting of Corus' shareholders scheduled to be held in Calgary, Alberta on January 9, 2008 and is subject to regulatory approval and the filing of articles of amendment. Following approval by shareholders, the effective date of the stock split is expected to be February 1, 2008.

There were 1,722,929 Class A Voting Shares outstanding and 40,235,695 Class B Non-Voting Shares outstanding on September 30, 2007.

   Corus Entertainment Inc. reports in Canadian dollars.    About Corus Entertainment Inc.   

Corus Entertainment Inc. is a Canadian-based media and entertainment company. Corus is a market leader in specialty television and radio with additional assets in pay television, advertising and digital audio services, television broadcasting, children's book publishing and children's animation. The company's multimedia entertainment brands include YTV, Treehouse, W Network, Movie Central, Nelvana, Kids Can Press and radio stations including CKNW, CKOI and Q107. Corus creates engaging branded entertainment experiences for its audiences across multiple platforms. A publicly traded company, Corus is listed on the Toronto (CJR.B) and New York (CJR) exchanges. Experience Corus on the web at www.corusent.com.

Source: Corus Entertainment Inc.

CONTACT: John Cassaday, President and Chief Executive Officer, Corus
Entertainment Inc., (416) 642-3770; Tom Peddie, Senior Vice President and
Chief Financial Officer, Corus Entertainment Inc., (416) 642-3780; Tracy
Ewing, Vice President, Communications, Corus Entertainment Inc., (416)
642-3792

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Profile: International Entertainment