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Corus Entertainment Inc. (T:CJR.B)

Business Focus: Radio Broadcasting

Sector:  Consumer Cyclicals Industry:  Broadcasting
See Regulatory Filings on SEDAR
Company Contact
Address: 25 Dockside Dr
Tel: N/A
IR: See website
Key People
Heather A. Shaw
Non-Independent Executive Chairman of the Board
Douglas Donovan Murphy
President, Chief Executive Officer, Director
Julie M. Shaw
Non-Independent Vice Chairman of the Board
John Richard Gossling
Chief Financial Officer, Executive Vice President
Dale Hancocks
Executive Vice President, General Counsel
Greg McLelland
Executive Vice President, Chief Revenue Officer
Troy Reeb
Executive Vice President Broadcast Networks
Business Overview
Corus Entertainment Inc. is a media and content company. The Company's principal business activities are the operation of specialty television networks, conventional television stations; the operation of radio stations; and the Corus content business, which consists of the production and distribution of films and television programs, merchandise licensing, book publishing and the production and distribution of animation software. The Company's business activities are conducted through two segments: Television and Radio. The Television segment is comprised of approximately 34 specialty television networks and over 15 conventional television stations. The Radio segment comprises approximately 39 radio stations, situated primarily in urban centers in English Canada, with a concentration in the densely populated area of Southern Ontario.
Financial Overview
For the nine months ended 31 May 2020, Corus Entertainment Inc. revenues decreased 9% to C$1.19B. Net loss totaled C$655.6M vs. income of C$133.1M. Revenues reflect Television segment decrease of 8% to C$1.11B, Radio segment decrease of 23% to C$83.7M. Net loss reflects Foreign exchange gain increase from C$3.1M to C$16.1M (expense), Imputed interest on long-term liabilitie increase of 24% to C$39.8M (expense).
Employees: 3,330 as of Aug 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $2,249M as of May 31, 2020
Annual revenue (TTM): $1,570M as of May 31, 2020
EBITDA (TTM): $1,048M as of May 31, 2020
Net annual income (TTM): -$632.69M as of May 31, 2020
Free cash flow (TTM): $254.93M as of May 31, 2020
Net Debt Last Fiscal Year: $1,525M as of May 31, 2020
Shares outstanding: 208,367,058 as of May 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization