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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

Post by DemDemon Apr 23, 2024 2:33pm
384 Views
Post# 36003750

cjr.b

cjr.bWhat I find surprising about cjr.b is that the Shaw Family owns 86.20% of the company. The fact that the stock keeps falling doesn't seem to worry them any more than it should. Would he be tempted one day to buy it back at a discount to privatize it? With almost 70% debt, competition would probably be non-existent in the current context. In short, I find that they do nothing to enhance the share price, which would be to their advantage... it seems to me.
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