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. > Also Debt reduced by 0.42 debt/EBITDA to 2.76

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Comment by toppgunnon Oct 22, 2021 11:32pm

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RE:Also Debt reduced by 0.42 debt/EBITDA to 2.76

This is key at reducing the debt. Once the debt gets lower this company will start to fly. The debt situation in 2019, 2020 along with higher dividends put Corus at a weaker financial advantage. The prudence exibited by management on creating a stronger balance sheet will yield a strong share price going forward.

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