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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 Hillsvilleon Apr 04, 2019 12:16am
219 Views
Post# 29580129

Buffett sought values in TV broadcast industry & newspaper

Buffett sought values in TV broadcast industry & newspaperWhen Mr. Buffett takes action in acquiring the TV broadcasting company in miami and still holds it at this moment ( along with his newspape companies)...  plus with technical showing positive trend from the screaming oversold price.. it’s buy time.

Buffett bought one miami TV channel at $364MM USD in 2014 and it’s just a channel with news, and shows like who wants to be a million air, jeopardy, wheel of fortune, judge Judy and some Disney abc kids shows...
Intrinsic value of the radio stations + globalnews.ca + global TV + W channel + HGTV + Disney channel + Disney XD + Disney junior + Disney channel in French + Treehouse channel + YTV + Nelvana + history channel + historical channel in French + national geographic channels + Food network + DIY tv + swim adult tv + FYI tv and teletoon and teletoon French tv alone without naming the not as popular channels would be north of $4 Bn. 

Every company has it’s pros and cons: eg. Netflix’s revenue growth is traded by its cut throat bleeding negative operating flow (since 2014 and yet to have single year of positive operating income; life line is continuously funded by the cumulative debt financing to pay off its incredibly high and ongoing content obligations. Debt is at $15Bn at end of 2018) While corus is facing a short term price pressure due to weak investors confidence and recent chain events in 2018, but it will continue edge up in waves and return to it’s fair price within the next three years (though I hope its price could stay low or as low as possible, so that I could  buy more before it returns to its intrinsic value..), but Netflix will likely face insolvency in the future. 




PS. if the industry is really that bad, you will see Mr. Buffett selling these stocks and start commenting on the industry in the media.
 https://amp.miamiherald.com/news/business/article1961273.html
Bullboard Posts