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 > Who will takeover Corus?

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Comment by Toweringmarson Jul 09, 2024 9:21am

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Post# 36124161

RE:Who will takeover Corus?

Dont forget Telus, they just did a deal with Magnite to help them with ad sales on their FAST streaming service. The debt level here can be easily wiped clean with their fcf in a single quarter.

Why pay to play when at these levels Telus could buy Corus and its debt and run their own add placement and sales. When the capex is this low, why not?

Cuzvin wrote:
1 ) Quebecor Media
2 ) Bell Media
3 ) Shaw family
4 ) Creditors

Best choice is QM to expand their Videotron holdings.
BM recently did a deal with Corus and their 39 radio stations ( and are likely upset losing Warner channels to Rogers )
SF has control and cash to make this happen.