Corus Entertainment Inc CJREF

Primary Symbol: T.CJR.B

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 > Firing wrong people

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Comment by SunsetGrillon Jun 13, 2024 7:15pm

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Post# 36088222

RE:Firing wrong people

Hey Puma - why dont you just buy the company and fire whom ever you like.. I am sure you and some other Stockhouse investers could finance the current mkt cap of the company of a ;measely (30 million). What a sad sad tale of a company maybe they can make buggy whips in the former News room. Hard to believe the dramatic fall - that pompus CEO needed to go some time ago.

I would be remiss if I did not mention that MAXMOE has picked another company that takes your money and circulates down the porcelin throne. He also invested heavily in Arht Media (ART on the venture) go look at that puppy. Soon CJR will also be at a wooden nickel LOL

Truly sorry for all the invenstors - its been a horror show. The Trudeau govt can take its share of blame as well - they sat around and watched as the house was on fire, and still are sitting on their hands.

Puma1back wrote:
The Globe posted the below today. So while Corus looses it's most valuable channel group to a buyer that has a huge Shaw family holding block, they continue to pay Heather Shaw well over $600,000 bucks a year to watch over the family destruction of Corus.

where do they turn to cut costs - News Department.

i guess it is one more reason to steer clear of family controlled companies run by a completely uninterested and apparently incompetent offspring.

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The Globe and Mail reports in its Thursday, June 13, edition that Corus Entertainment is reducing staff in its Global News division. The Globe's Pippa Norman writes that the decision follows news that Corus could lose programming next year due to a deal between Warner Bros. Discovery and Rogers Communications, which will grant Rogers the rights to content, including HGTV and Food Network. Corus spokesman Anna Arnone stated: "As part of our ongoing business evaluation and efficiency review, we have made changes at Global News today, resulting in some job impacts. These changes are a response to the current economic and regulatory environment that we and other media organizations are facing." Corus shares have declined significantly in recent years, dropping to 24 cents in Toronto, down from levels