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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 YassineNoBSon Mar 22, 2023 6:20pm
1201 Views
Post# 35354883

Free advice is never free: do your own diligence

Free advice is never free: do your own diligence

Always verify and fat check any online claims. 

Short sellers confuse personal opinions with objective facts. I posted previously cash flows and total revenues generated by Corus since 2010 and the numbers don’t lie. Their subscription revenues are pretty much very stable around $500 million. The short sellers jumped on Corus when it acquired Shaw Media in 2016 for 2.6 billion betting that they could short it and use the debt to scare the shareholders into panic selling. So far Corus has paid half of that debt while paying a dividend and within more or less five years the company will be debt free. Also, short sellers use the cord cutting fearmongering narrative which is misleading because the company’s subscription are stable (those who left the cable joined their streaming platforms). Corus creates their own content with many in-house studios on top of many other business lines (one of the best animation software in the industry , kids content, PlutoTV, their own streaming platform StackTV, marketing and PR agencies, merchandising…)

Short sellers prey on small retail investors who invest on a whim and sell into the panic caused by the short sellers. A bear raid or attack could last for years because the short sellers will relentlessly keep their siege as long as it takes to force the weakest and weak to surrender. Their assumption is that most can’t last or take the heat.

Short sellers want out; your money is their way out that's why they are pushing hard for you to capitulate and sell. They are not here to advise you. They are here to take your money and run.

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