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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

Post by toppgunnon Oct 29, 2020 11:20am
128 Views
Post# 31803283

Corus holding up well

Corus holding up wellCorus has been doing good the last few weeks during the market correction.  I was impressed by the last quarterly.  The debt is around 1.5 billion and that is the only outstanding concern, however been paying down over the last few years.  The current pace their on if can keep up will have the interest payments to service the debt considerably lower.  It is a good thing the dividend has been reduced and hopefully keep it this way until better financial flexibility.  Corus should do well if stick to their plans.  
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