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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 Puma1backon Dec 30, 2023 11:31am
352 Views
Post# 35805104

RE:Insiders

RE:Insiders

i don't see a dividend on this for at least a few years and that is assuming they get back to plowing $100m -$200m of debt repayments annually. They are now forced to keep in mind that first refi on the debt tranches.

I can't believe the Shaw's haven't made a play to buy they unsecured debt at deep discount and then drain  cjr for the interest after which they will take the company private.



takeomega3 wrote:

Paying down the debt over the years was a prudent decision, and the suspension of dividends aligns with sound financial management. While the stock appears undervalued, a concern arises as none of the insiders seem to be acquiring shares at this current level.


 

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