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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
Comment by extremeriskon Aug 31, 2018 9:19am
133 Views
Post# 28547835

RE:worst quarter

RE:worst quarterI am holding my position at $4. Will go in for more if reaches 3.50.  This is a really cheap price. The chance of a go private really rises now. Also private equity deal is possible at these levels.  Shaw owns 80 million of the 200 million shares. I would take this private now. That is primary risk of thinking this will go lower as already too cheap.  Plenty of cash flow still being generated and ad revenue decline in low single digits.  Eventually with new ad tech coming they should be able to reverse downward trend. Also one can see how they are trying to stream everything now. 
Bullboard Posts