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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.


TSX:CJR.B - Post by User

Comment by Toweringmarson Jul 09, 2024 9:21am
199 Views
Post# 36124161

RE:Who will takeover Corus?

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.
 



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