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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 crocks31on Sep 09, 2022 1:00pm
183 Views
Post# 34952535

RE:RE:Yielding 8 %

RE:RE:Yielding 8 %I really have to question the logic of issuing guidance like this; what's the point?  The message is so vague i have no idea what materially sopftening even means; is that 5%, 10% 20%?  is it just for the enxt couple of months leading into christmas or is that all of next year?

So vague it's meaningless and can only lead to an overshoot to the low side as panic sets in.  Why not just drop this on the earnings call where they could actually discuss it and add more colour to it then now leave this out there with investors playing hypotheticals for the next two weeks until the earnings call.

I don't see what the benefit was for either them or for us by doing the announcement with such little information in this way.
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