Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.

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Corus Entertainment Inc > Can’t believe I bought this stock again

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Post by extremeriskon Sep 15, 2022 2:29pm

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Post# 34965033

Can’t believe I bought this stock again

After about a 4 year absence I am back in this stock. 2.59 is way too cheap. I listened to bmo call also and suspect 11 - 13 percent drop in ad revenue based on what CEO hinted at. The biggest lever the company has though is its sheer size. 3500 employees 1.5 billion in revenue but most importantly 1 billion in sales general and admin is lots to play with in terms of layoffs and making the numbers

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