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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 Sep 27, 2023 5:14pm
159 Views
Post# 35658032

RE:Another show gone .

RE:Another show gone .

The decision is part of Corus' focus on current and emerging priorities. Cancelling shows and green lighting new shows is part of the production cycle and performance reviews but short sellers will selectively choose information they think will have a negative feel to shape your thoughts and guide your actions, the ultimate goal being to get your shares at ridiculously low prices so that they can cover their short positions.

You picked one case to imply that the house is crumbling which is typical fear mongering coming from a short seller deliberately  forgetting to put things in context like it is the very nature of business to go through cycles/seasons.... Corus is not the only business facing a challenging economic environment (inflation, high interest rates, NATO-Ukraine Vs Russia-China war...). During the pandemic (March 2020), short sellers were calling for imminent bankruptcy and dragged the price to $1.78 before it recovered to $6.5 one year later around the end of 2021. This fear mongering cycle shall pass too.

If Corus cancelled one show it renewed and green lighted many new shows which is business as usual and the challenges that any business faces during a recession are an opportunity for those who are greedy when everyone else is fearful like Warren Buffett once said. 

CORUS ENTERTAINMENT BUILDS ON PARTNERSHIP WITH RBC AND HGTV CANADA'S BRYAN AND SARAH BAEUMLER

https://finance.yahoo.com/news/corus-entertainment-builds-partnership-rbc-150000084.html

THE HISTORY® CHANNEL'S GROUNDBREAKING DOCUMENTARY TRUE STORY RETURNS FOR PART TWO


https://finance.yahoo.com/news/history-channels-groundbreaking-documentary-true-174500907.html

UP AND AUTUMN! W NETWORK'S FALL LINEUP DELIVERS FRESH NEW SERIES AND COZY FAVOURITES

https://finance.yahoo.com/news/autumn-w-networks-fall-lineup-144900601.html

SHOWCASE'S FALL SCHEDULE DELIVERS EDGE-OF-YOUR-SEAT THRILLS AND BIG LAUGHS

https://finance.yahoo.com/news/showcases-fall-schedule-delivers-edge-170000424.html

 

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