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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 YassineNoBSon Jan 20, 2023 11:11am
397 Views
Post# 35235546

RE:RE:RE:food network

RE:RE:RE:food networkStop misleading people and talking about things you don't know. Do you have numbers to support your false claims? You don't but I do. Corus acquired Shaw communications in 2016 and the numbers clearly show that the company increased both its revenues and cash flow since the acquisition: 

Free cash flow generated by Corus since 2011 (amounts are in millions and reflect the fiscal year):

 

2011: 134.861

2012: 155.147

2013: 154.711

2014: 175.276

2015: 201.213

2016: 188.165

2017: 292.660

2018:349.007

2019: 309.970

2020: 296.247

2021:251.947

2022: 239.600

 

The annual revenue (in millions) generated by Corus since 2010:

 

2010: 767.53

2011: 825.21

2012: 842.28

2013: 751.54

2014: 833.02

2015: 815.32

2016: 1171.3

2017: 1679.01

2018: 1647.44

2019: 1687.5

2020: 1511.24

2021: 1543.48

2022: 1598.586 

So in 2022 revenues increased over fiscal 2021  not what the short sellers are peddling. 

Short sellers prey on the emotionally weak and uninformed and I hope that some numbers will help put the facts at the forefront of the discussions instead of endless fear mongering from the short sellers.  Now that you know the facts make an informed and rational decision not an emotional one.

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