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Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s):  CJREF

Communication Services
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

Corus Entertainment Inc. > Scotia $4.50 target; Maintains Sector Outperform
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Comment by toppgunnon Jun 29, 2020 1:12pm
105 Views
Post# 31203762

RE:RE:Scotia $4.50 target; Maintains Sector Outperform

RE:RE:Scotia $4.50 target; Maintains Sector OutperformVery good points, and need to look out a few quarters where Corus should start to do a lot better.  It is understandable that revenue this recent quarter was below previous quarters considering the extent of Covid-19.  

If a person has a long term outlook should start to see good upside in Corus.  

I am impressed as you mentioned where able to knock of around 40 million dollars on the long term debt. Even though still high at 1.5 billion but each year have been successful in reducing.  The point being get this lower and interst payments to service the loan will be reduced and can be applied elsewhere in the company.  
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Dealroom for high-potential pre-IPO opportunities