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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s): CJREF

Consumer Cyclical Broadcasting - TV

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

Corus Entertainment Inc

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Post by YassineNoBSon Dec 05, 2024 10:20am

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Post# 36347071

Beware short sellers and paid bashers

Hedge funds shorting the stock hire paid bashers to smear the companies they short and spread fear, unertainty and doubt about the prospects of a stock.
Looking at the numbers below it is obvious that many Canadians worked hard despite the headwinds and tough economic and regulatory environment to support Canadian jobs and communities. It would be shameful to allow avaricious, greedy corporations and or hedge funds to sabotage such sustained efforts for our common wealth by distorting facts and spreading fear, uncertainty and doubt.

Free cash flow generated by Corus since 2011 (amounts are in millions and reflect the fiscal year):

2011: 134.861

2012: 155.147

2013: 154.711

2014: 175.276

2015: 201.213

2016: 188.165

2017: 292.660

2018:349.007

2019: 309.970

2020: 296.247

2021:251.947

2022: 239.600

2023: 106.840

2024: 114.152

The annual revenue (in millions) generated by Corus since 2010:

2010: 767.53

2011: 825.21

2012: 842.28

2013: 751.54

2014: 833.02

2015: 815.32

2016: 1171.3

2017: 1679.01

2018: 1647.44

2019: 1687.5

2020: 1511.24

2021: 1543.48

2022: 1598.586

2023: 1511.240

2024: 1270.598

To stay on point and not play into short sellers' distraction attempts from the facts and cold harsh truth here is a full serving of facts in lieu of their lame dish of sour feelings :

Net debt in 2015 the year before the acquisition by Corus of Shaw Media was 763,580

In 2016 following the acquisition of Shaw Media it was 2,124,657

In 2017 it was 1,997,879

In 2018 it was 1,889,132

In 2019 it was 1,649,177

In 2020 it was 1,608,769

In 2021 it was 1,449,154

In 2022 it was 1,341,107

In 2023 it was 1,162,305

In 2024 it was 1,087,246

years represent fiscal years and the numbers in thousands CAD

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