...+ We expect Corus Entertainment Inc.'s operations to remain pressured due to weak industry fundamentals, lower advertising dollars, and diminished revenue visibility; at the same time, the company's leverage has improved, but significantly slower than we had expected. + As a result, we are revising our business risk profile on Corus to fair from satisfactory and financial risk profile on the company to significant from aggressive. + At the same time, we are revising our outlook on Corus to negative from stable and affirming our ratings, including our '##' long-term issuer credit rating, on the company. + The negative outlook reflects our view that lower revenues will continue to weigh on Corus' EBITDA generation and pressure the company's deleveraging plan. + In our view, there is increased risk that Corus will be challenged in improving leverage below 3.8x by the end of fiscal 2019, and credit measures will remain weak for the ratings if the company cannot address the secular industry...
