Corus Entertainment Inc. announced a distribution deal with U.S. streaming service Hulu Friday as it reported better-than-expected second-quarter financial results.

The Toronto-based company B次元官网网址� which owns one of CanadaB次元官网网址檚 largest radio groups, the Global television network and dozens of specialty cable channels B次元官网网址� said its Corus Studios division has signed a deal to sell more than 200 episodes of programming to Hulu.

Hulu B次元官网网址� jointly owned by Disney and NBCUniversal B次元官网网址� will acquire the first three seasons of B次元官网网址淏ackyard BuildsB次元官网网址� as well as other renovation and food-related titles such as B次元官网网址淔amily Home OverhaulB次元官网网址�, B次元官网网址�$ave My RenoB次元官网网址� and B次元官网网址淏ig Food Bucket List.B次元官网网址�

Financial details of the deal werenB次元官网网址檛 announced, but Corus chief executive Doug Murphy told analysts on a conference call that it was a B次元官网网址渂reakthroughB次元官网网址� multi-year agreement.

Murphy also said Corus has had very positive momentum with advertisers, the major source of revenue for its television and radio businesses.

B次元官网网址淲eB次元官网网址檙e going to be up a lot in Q3. Full stop. The question is, how big,B次元官网网址� Murphy said, referring to the third quarter ending May 31.

Murphy said the latest round of restrictions due to the pandemic will delay growth for some categories of advertising B次元官网网址� such as those attuned to entertainment and dining B次元官网网址� but other categories that have been doing well will continue to do well.

CorusB次元官网网址檚 second-quarter results topped expectations as it reported that its profit for the three months ended Feb. 28 nearly doubled compared with a year ago.

The quarter was helped by a continued recovery in TV advertising revenue, new subscribers to its paid streaming services and growth in its content licensing business, Corus said.

It reported a second-quarter profit of $35.3 million or 17 cents per diluted share for the quarter ended Feb. 28, up from $18.5 million or nine cents per diluted share a year earlier.

Revenue totalled nearly $358.9 million, down from nearly $376 million.

On an adjusted basis, Corus says it earned 18 cents per share in its latest quarter, up from an adjusted profit of 12 cents per share in the same quarter last year.

Analysts on average had expected an adjusted profit of 12 cents per share for the quarter, according to financial data firm Refinitiv.