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Benzinga
Benzinga
Entertainment
Akanksha Bakshi

Corus Studios Inks Output Deal With Streaming Platform Hulu

Hulu United States TSX Pamela Anderson
  • Corus Studios, a division of Corus Entertainment (TSX:CJR) (OTC:CJREF), signed its largest U.S. output agreement with streaming platform Hulu, consisting of over 400 episodes of lifestyle, renovation, unscripted, and crime content. Financial terms were not disclosed.
  • Streaming service Hulu is majority-owned by Walt Disney Co (NYSE:DIS).
  • The new multi-year agreement adds to the previously announced Corus Studios content sale of 200+ episodes from last year.
  • The expanded partnership includes the U.S. pre-sale of Pamela's Garden of Eden (8x60) following iconic star Pamela Anderson as she renovates her family home, among additional first-looks within the arrangement.
  • "Building on our valued partnership with Hulu, this agreement marks Corus Studios' largest U.S. market distribution deal to date," stated Lisa Godfrey, SVP of Original Content and Corus Studios.
  • Price Action: CJR.B shares are trading lower by 0.63% at C$4.74 on TSX and CJREF lower by 0.55% at $3.78 on the last check Thursday.
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