Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

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.

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Corus Entertainment Inc > I wonder if they will revisit this

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Comment by Puma1backon Feb 08, 2023 7:30am

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Post# 35273787

RE:I wonder if they will revisit this

great find - I didn't own stock back then but I remember the deal. I suspect a current deal would peg a lower price than 5 years ago. But $100 million plus would be nice to plug down on debt - almost 10% of the ltd.

Griz_Online wrote:
Attempted sale of French-language channels[edit]

On October 17, 2017, Bell Media announced its intent to acquire Historia and Sries+ from Corus for $200 million, which would have reunited them with the former Astral Media channels Canal D, Canal Vie, Vrak, and Z. Corus stated that the two channels were not part of its "strategic priorities" at this time.^[45] On May 28, 2018, the sale was blocked and rejected by the Competition Bureau, for violating conditions imposed on Bell that prohibits the company from regaining ownership of divested Astral properties for 10 years.

^{The 10 years is up in March.}