Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Consumer Cyclical Broadcasting - TV

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

Corus Entertainment Inc

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Comment by Hillsvilleon Apr 12, 2019 12:27am

97 Views

Post# 29616774

RE:RE:RE:RE:RE:Banks own Corus

To be correct, per financial statement, Corus has $1,868,632,000 of Bank debt. It is broken down by:
1. Current portion of long-term debt $79,466,000
2. Long-term debt $1,789,166,000

That being said, the speed of Corus paying down its debt is incredibly fast; in two years from now, bank debt will be slashed to ~1.2B.

But come to think about it, it's good to have bashers in the market so we could buy good companies at low prices.

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