Corus Entertainment Expands its Technology Service Offerings with the Launch of Quay Media Services and the Acquisition of FastFile Media
TORONTO, Sept. 16, 2015 /CNW/ - Corus Entertainment Inc. (CJR.B) announced today that the company is expanding the technology service offerings of its broadcast business with the creation of Quay Media Services. As part of this expansion, Corus also announced today the acquisition of Canadian-based closed captioning company, FastFile Media Services, one of the largest entertainment accessibility providers in Canada.
Leveraging the advanced technological capabilities of Corus' media and broadcast facility, Quay Media Services offers a robust suite of services that include linear television broadcast, signal origination and master control play out and delivery, production facilities, media asset management and encoding/transcoding for both domestic and international customers. The acquisition of FastFile bolsters Quay Media Services' offerings with closed captioning, described video and subtitling capabilities.
"Corus Quay has been built for scale with a fully-integrated digital infrastructure and the technical architecture to significantly expand our footprint in the media technology and distribution space," said Scott Dyer, Executive Vice President, Chief Technology Officer and President, Nelvana. "Our acquisition of FastFile is a great complement to our business and capitalizes on the growing demand for closed captioning and described video both domestically and abroad."
"FastFile is excited to join Quay Media Services," said Colum Henry, President, FastFile. "With our expertise, combined with the advanced technology and scalability of Corus Quay, we can aggressively pursue new opportunities together and build out the accessibility business."
To learn more about Quay Media Services, please visit www.quaymediaservices.com.
About Corus Quay
In 2010, Corus Entertainment consolidated several Toronto offices to a new, purpose-build facility on Toronto's waterfront. Corus Quay is a half-million square foot technical facility that is home to nearly a thousand Corus employees and all of Corus' technical operations, including the origination of more than 70 television feeds and three Toronto radio stations.
About Corus Entertainment Inc.
Corus Entertainment Inc. is a Canadian-based media and entertainment company that creates, broadcasts and licenses content across a variety of platforms for audiences around the world. The Company's portfolio of multimedia offerings encompasses specialty television and radio with additional assets in pay television, television broadcasting, children's book publishing, children's animation and animation software. Corus' brands include ABC Spark, Cartoon Network (Canada), CMT (Canada), Disney Channel (Canada), HBO Canada, Nickelodeon (Canada), OWN: Oprah Winfrey Network (Canada), TELETOON, Treehouse, W Network, YTV, Historia, La chainé Disney, Séries+, TÉLÉTOON as well as Nelvana, Kids Can Press, Toon Boom and 39 radio stations including CKNW AM 980, Rock 101, Country 105, 630 CHED, Fresh Radio, JUMP! 106.9, Q107 and 102.1 the Edge. A publicly traded company, Corus is listed on the Toronto Stock Exchange (CJR.B). Experience Corus on the web at www.corusent.com.
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SOURCE Corus Entertainment Inc.
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Sally Tindal, Director, Communications, 416.479.6107, [email protected]; Magda Krpan, Director, Communications, 416.479.6054, [email protected]
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