Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Consumer Cyclical Broadcasting - TV

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

Corus Entertainment Inc > Terrible results Corus

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Comment by BalanceVsBiason Jun 29, 2023 7:58am

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Post# 35520020

RE:Terrible results Corus

You accuse me of copy paste but it is ok for you to copy paste from yahoo to here. At least I don't hide from it.

Those are NON Cash impairment charges. Cleaning the balance sheet by clearing the goodwill item is a positive going forward. They made $75.2 in free positive cash flow year to date. The loss is an accounting loss (paper loss) the cash is real.

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