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Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Bullboard Posts
Comment by extremeriskon Apr 11, 2019 1:29pm
67 Views
Post# 29613919

RE:It smells like the Shaw family

RE:It smells like the Shaw familyAgree Turtle.  Two clues:

1) consistent heavy volume that never lets up.  Why is this not swinging down on profit taking which should have started by now.

2) Not one question or one comment about Corus on the Shaw conference call on Tuesday.  Why the cone of silence on a business that pushes out more cash flow than Shaw and is a very significant subsidiary.  Were analysts on call instructed not to ask questions about Corus.  They have talked about it on past calls but not this one?

3) Getting close to year from when first announced the sale.  Three quarters in a row of growth in tv ad revenues.  Buyer should not wait too long if this trend continues.

Buyer:  Hard to predict but not usual suspects  Look at how how Stingray is buying all the radio stations in Canada.  They started as a digital player.  
Bullboard Posts