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Corus Entertainment Inc. CJREF


Primary Symbol: T.CJR.B

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

Post by DemDemon Apr 23, 2024 2:33pm
166 Views
Post# 36003750

cjr.b

cjr.bWhat I find surprising about cjr.b is that the Shaw Family owns 86.20% of the company. The fact that the stock keeps falling doesn't seem to worry them any more than it should. Would he be tempted one day to buy it back at a discount to privatize it? With almost 70% debt, competition would probably be non-existent in the current context. In short, I find that they do nothing to enhance the share price, which would be to their advantage... it seems to me.
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