Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

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.

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Corus Entertainment Inc

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Comment by olive15on Jul 26, 2020 7:39pm

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Post# 31321631

RE:RE:RE:9% thats the other reason

I bought ito CJR last week at 2.50. Murphy, CEO, bought 20,000 shares on Jul 5, another 10,000 on Jul 24. July 10, RBC Global Asst Mngmt bought 857,000 shares. Same day, TD Asset Mngmt bought 485,000 shares. According to TD's recent report, CJR cash flow is fine. Debt needs to be reduced but otherwise finances are in good shape. Dividend apparently not at risk of being cut. Advertising revenues of course down with Covid. Tell me what I'm missing? Why is this not a buy and hold until the storm passes? Why is this not a case of retail investors moving to tech, gold and other hot materials? Thoughts welcome.

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