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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 Puma1backon Dec 20, 2022 9:06am
155 Views
Post# 35181724

RE:RE:RE:RE:Vaulations

RE:RE:RE:RE:Vaulations

Even a simple search for impacts from Bill C-18 shows some serious numbers. I can see the reluctance of the media companies to have commented earlier given they are scrutinized daily by the Regulators, but the estimates are in the $250 million range. That is the top 4 broadcasters are expected to split this pool of new revenues. Within the conglomerate's of Bell & Roger's that may not be material , but $60 to $70 plus million for Corus is a pretty good injection, particularly as it isn't a one time transaction. 

put that into a 3 times npv and Bill C-18 should be $1 per share step in valuation.

 

Broadcasters, including the publicly funded CBC, would get most of the $329-million a year the federal online news bill would inject into the news industry if it becomes law, according to a report by the Parliamentary Budget Officer (PBO).

Papers and the online news media would get less than a quarter of the funding pumped into journalism by tech giants Facebook and Google, the report says.

The analysis by the PBO, an independent body that provides economic and financial analysis to MPs and senators, concluded that newspapers and online media would get $81,550,000 a year, while broadcasters such as the CBC, Bell, Shaw and Rogers stand to get $247,677,000 if the bill becomes law.

STORY


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