RE:RE:New Press Release - CORUS ENTERTAINMENT ANNOUNCES FISCAL 2024 THIRD QUARTER RESULTSYa and it has nothing to do that they are in the buggy whip bussiness. The times they are a' chang'in (or in Corus case HAVE CHANGED). You've been here on CJR board for some time., you havent seen this coming?? You have to know when to cut bait. How long ago was the Shaw deal??? You cant blame the total demise on that (if any). Times have changed and CJR did not - Do you know anyone under 30 who watches TV.
Buggy whips man Buggy whips R.I.P. Corus
Puma1back wrote: Negative book value of $1.50 now using face value of $750m or so of unsecured debt - i assume though the debt is trading at 40 cents ?
even worse is that somehow in this disaster the $130 m minority investors have lost almost nothing. Clearly when they boight from Shaw they were cheated or more likely lied to by Shaw groups.