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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

Bullboard Posts
Comment by radioguru22on Jan 12, 2016 8:27pm
111 Views
Post# 24452136

RE:RE:RE:RE:Dead Cat bounce?

RE:RE:RE:RE:Dead Cat bounce?Hmmm...I'm just trying to give another perspective on this one. The crtc just finished up their 'Let's talk tv' review of the industry and radio was done too. These do not happen often, like every 5-10 years, so no rules change anytime soon. Shaw (and maybe Telus if they want to get into the content biz) are the only two players that make sense buying up corus. Let's not compare cjr to post media, where the debt holders are simply milking the company cash flow dry until the biz dies completely. As for the govt of Canada, the crtc runs completely independent of it (even though our friends in the harper govt thought otherwise) My point is simple, at around $10 your $$ is safe here and you get a juicy 11% div which I also think is safe, pretty darn good in this environment but if you think this is a double from here anytime soon, I don't think so....then again, you're being paid to wait. Cable pick and play won't be in full effect until this fall earliest and I honestly don't think the tv properties at cjr will be in demand from the general pop with this option, not to mention all the digital competition tv is facing and cord cutting which is intensifying. The ad market as mentioned is WEAK (nov/dec down double digits in some of the majors YOY!) Can't wait to see the earnings FROM OPERATIONS and more importantly the health of the biz with top line revenue...and their Q2 forecast
Bullboard Posts

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