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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

Comment by Asymmetryon Oct 27, 2021 12:07pm
120 Views
Post# 34054819

RE:RE:RE:What Is Wrong Wtih This Picture?

RE:RE:RE:What Is Wrong Wtih This Picture?Thanks for your comments JJMA and Yassine. Seeing the price fall does test our fortitude.  However, the narrative from the analysts and from the company itself, does suggest that better days are ahead, given everything they are doing to fortify, widen and build their businesses. Meanwhile the dividend is a good one, supported amply by a significant free cash flow. I have been a share holder for quite a few years, and I know from experience that the general underperformance of the shares in recent years may be linked to their debt level (dropping steadily) and a general belief that traditional media companies do not have a future. It seems apparent that their business is far from the traditional way it used to be. Time will tell. I have placed my bets.
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