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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

Comment by toppgunnon Sep 15, 2021 2:01pm
382 Views
Post# 33862764

RE:TD's Take on Investor Conference

RE:TD's Take on Investor ConferenceA positive outlook on Corus going forward. TD action buy for 12 month target price of 9.50 is very positive and appears to be a big acheivement and even it gets there partially i.e. $8 is still a big upside from present prices.  This was a steal of a buy during the lows of the pandemic bought lots in the $2 range in July 2020 after buying initially in both March/April of 2020.  The reduction in the debt and not raising the dividend is very favorable to getting Corus a return of a strong financial balance.  The ad revenue for tv and radio is starting to return in higher numbers and good for bottom line.  Once, the debt is more reduced and managementable Corus will fuly and be a very profitable company as service costs to the debt will be significantly reduced.  
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