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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Bullboard Posts
Post by extremeriskon Feb 04, 2017 9:38am
593 Views
Post# 25799244

interesting shaw story today in globe

interesting shaw story today in globe Can't paste it but Shaw does say supports what Corus is doing and they are not in fire sale mode. This my thinking that they were likely upset that this $25 stock sunk all the way to $9. Rather than dump at fire fire sale price they became buyers. I figure with dividend reinvestment for 2 years they will end up with 48 percent control of Corus. Seeing where bell media and Rogers media trades shows how significantly discounted Corus has become. Best to hold this one and buy dips whenever they happen. Major shareholder not selling at firesale prices and with dividend yield still close to 9 percent this is firesale price. Should be trading closer to bell yield of 4.5 percent which would put value back at $25 which is where it was for so many years. Comments on shomi also interesting. Showing that netflix model not really a money maker as too expensive to produce content. Corus has the content.
Bullboard Posts