(Adds Q4 details, compares results with estimates)
Oct 18 (Reuters) - Canada's Corus Entertainment Inc CJRb.TO reported a better-than-expected profit on Wednesday as the media company benefited from cost savings.
The company's net income attributable to shareholders rose 15.7 percent to C$28.9 million ($23.1 million) in the fourth quarter ended Aug. 31. items, Corus earned 22 Canadian cents per share. Analysts on average had expected a profit of 16 Canadian cents, according to Thomson Reuters I/B/E/S.
The company's selling, general and administrative costs fell 2 percent to C$273.6 million.
Toronto-based Corus' advertising revenue rose 1 percent to C$227 million, but its overall revenue fell marginally to C$381.2 million due to lower subscriber revenue.
On Tuesday, Corus said it would sell its French-language specialty channels to the media unit of rival BCE Inc BCE.TO for C$200 million. [nL4N1MS5GR
($1 = C$1.25)