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Corus Entertainment, Inc.B (CJREF)

- OTCPK - Current
  • Thu, Nov. 19, 5:15 PM
    • Bell Media (BCE +1.2%) has signed a deal with Time Warner (TWX -1.1%) to become Canada's exclusive home for HBO programming "into the next decade."
    • The comprehensive multi-year deal covers all platforms, with Bell gaining the ability to deliver current and library programming via its linear, on-demand and over-the-top channels in English and French.
    • With the move, Bell Media is also expanding The Movie Network into a national pay TV service and becoming the sole operator of HBO Canada via a C$211M payment to Corus Entertainment (OTCPK:CJREF -2.5%), which is exiting pay TV to focus on its core media brands.
    • HBO content will be delivered by one company across Canada for the first time. French-language HBO programs will continue to be distributed via Bell's Super Écran pay service.
    • BCE and HBO also set a development deal to make premium, Canada-made content for a global stage.
    | Thu, Nov. 19, 5:15 PM | 6 Comments
  • Thu, Apr. 16, 5:21 PM
    • Corus Entertainment (OTCPK:CJREF) has become the first Canadian company to secure licensing rights to Disney Channel content, and plans to roll out the channel Sept. 1.
    • Canadian customers previously changed to the Family Channel to see Disney content, but with the rights transfer, that channel is changing lineups entirely. DHX Media (OTC:DMQHF, OTC:DMXHF) says it will rebrand stations to extend the Family brand across its channel suite.
    | Thu, Apr. 16, 5:21 PM | Comment!
  • Jan. 14, 2014, 7:54 AM
    • Corus Entertainment (CJREF) announces Class A shares monthly dividend C$0.0904 , 6.9% increase from prior dividend of C$0.0845.
    • Forward yield 4.80%.
    • The dividend is payable on 28 Feb, 31 Mar, 30 Apr to share holders on record of 14 Feb, 14 Mar, 15 Apr respectively.
    • Additionally, the board announced 6.9% increase in monthly dividend of Class B shares to C$0.0908, payable along with Class A shares.
    | Jan. 14, 2014, 7:54 AM | Comment!
  • Jan. 14, 2014, 7:20 AM
    • Corus Entertainment (CJREF): FQ1 EPS of C$0.65 beats by C$0.03.
    • Revenue of C$226M (+7.7% Y/Y)
    • Management comment: We have again benefited from our disciplined focus on cost controls, delivering excellent margins this quarter in the face of slow economic growth and tough year-over-year comparables in our merchandising business.
    • Press Release
    | Jan. 14, 2014, 7:20 AM | Comment!
Company Description
Sector: Services
Country: Canada