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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 Sep 01, 2018 10:02am
209 Views
Post# 28552545

Comparison to Canwest

Comparison to CanwestBeen researching canwest and discovered prior to their bankruptcy their debt to ebitda was 6.75 while industry average was 3. Industry average today is still 3.  Corus is getting their ratio down to under 3 so not the same situation. Cash flow from operations became almost zero. Corus has 1.50 a share in cash flow. Also Asper family debt was close to 4 billion due to acquisitions. Corus is half that. Difference I see is back in 2010 some called for Asper to take it private at low stock price but he did not have the $$$ to do it.  Shaw family does have the $$$ to do it. So a go private remains a possibility here.  They could be positioning to steal the company on the cheap like Michael Dell did many years ago.  Once industry transforms further and they put in their changes they can go public again. 
Bullboard Posts