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Bullboard - Stock Discussion Forum Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

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... see more

TSX:CJR.B - Post Discussion

Corus Entertainment Inc > How Canadian regulations destrop Canadian jobs
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Post by YassineNoBS on Nov 03, 2024 2:05pm

How Canadian regulations destrop Canadian jobs

Did you know that CBC receives around $1.5 billion in government subsidies while allowed to tap into the ad market just like any private company?  Imagine having a competitor who gets $1.5 billion while the government forces your company to spend 40% of your revenues on subsidizing unsellable content to support local creators, artists and culture. This has to stop and when it does (the liberals/NDP won’t stay in business for long because they don’t understand how businesses work) this stock will have its freedom back to reallocate 40% of its revenues towards paying debt and investing in commercial content  and not non-profit content imposed by poor government regulations.
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