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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 Jun 04, 2019 9:14am
81 Views
Post# 29796551

cash on sidelines

cash on sidelinesYassine is a pretty clever guy. Reading this morning from Raymond James reports that there is currently $3 trillion in cash on sidelines up from $800 billion in 2010. This does not sound recessionary. This sounds like the big guys are waiting for bottom and ready to bounce. Corus is well positioned here with their high cash flow and rapid pay down of debt. Stock price could be choppy though as significant amount of share moves from strong hands (Shaw) to weak hands (general public). I think next pop will happen at next earnings release so can wait a little here.
Bullboard Posts