RE:So Ironic ….This is what happens when you provide such a vague update in the middle of a bear market. The market clearly thinks this is something more ominous. Fully agree with content being very sought after. Another poster claims he's 'happy with $10 Netflix". This is rubbish, my Netflix costs $21/month plus tax and is becoming rubbish with it's non stop woke nonsense.
Valuation is a joke, $600 million. Remember, Corus had a deal with Bell to sell 2 French channels (Historia and Series+) for $200 million but the CRTC did not allow to proceed because Bell had a 10 year freeze on acquisitions as part of the deal with Astral. Remember this was in 2017...$200 million for two channels 5 years ago. Sum of the parts valuation is 3 times the current price if not more.