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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.


TSX:CJR.B - Post by User

Post by YassineNoBSon Oct 28, 2024 8:06pm
77 Views
Post# 36286008

Do not believe short sellers at face value

Do not believe short sellers at face valueSince 2018 Corus paid over 1.1  BILLION dollars in dividends and debt repayments.. Corus acquired Shaw Media for $2.65 billion back in 2016. The debt is now down to $1billion. Interest rates are trending down. When the doom and gloom cycle ends Corus will have three levers in its favour: less debt/less interest payments, less shares available as they will resume share buybacks which will translate into more cash flow especially when the general sentiment improves. Within less than 5 years the company will be almost debt free and potentially with 50% less shares floating around. Just Imagine the possibilities and I am not even talking about their partnerships like Pluto TV and the expansion of their content offerings and international distribution and merchandising. Corus is not about just radio and TV, they own multiple advertisement and marketing companies as well as production studios with their own streaming platform.
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