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Corus Entertainment Inc (CJREF.PK)

CJREF.PK on OTC Markets Group

9.67USD
24 Mar 2017
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$0.05 (+0.55%)
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Latest Key Developments (Source: Significant Developments)

Corus Entertainment reports Q3 loss per share c$0.10
Wednesday, 13 Jul 2016 07:00am EDT 

Corus Entertainment Inc : Corus Entertainment announces fiscal 2016 third quarter results . Q3 loss per share c$0.10 . Q3 revenue c$360.8 million versus I/B/E/S view c$374.6 million . Q3 earnings per share view c$0.39 -- Thomson Reuters I/B/E/S .Q3 adjusted earnings per share c$0.34.  Full Article

Corus Entertainment extends partnership with Cartoon Network
Thursday, 16 Jun 2016 01:18pm EDT 

Corus Entertainment Inc: Announced extended partnership with Turner's Cartoon Network in a new multi-year broadcast and merchandise deal .As exclusive merchandising agent, Nelvana will develop a wide array of licensed merchandise for Cartoon Network's properties.  Full Article

Corus Entertainment says CFO Tom Peddie retires
Wednesday, 8 Jun 2016 07:00am EDT 

Corus Entertainment Inc : Says john gossling appointed cfo . Corus is pleased to announce appointment of john gossling as executive vice president and chief financial officer . Says john gossling and tom peddie will work together through end of august 2016 .Corus entertainment announces retirement of cfo, tom peddie.  Full Article

Corus Entertainment Completes Acquisition of Shaw Media
Friday, 1 Apr 2016 10:05am EDT 

Corus Entertainment Inc:completed its previously announced $2.65 billion acquisition of Shaw Media Inc.  Full Article

Corus Entertainment Inc announces pricing of public offering and concurrent private placement of subscription receipts
Wednesday, 27 Jan 2016 07:01am EST 

Corus Entertainment Inc:Announces pricing of public offering and concurrent private placement of subscription receipts.Entered underwriting agreement to sell 25.4 million subscription receipts at a price of $9.00 per subscription receipt.  Full Article

Corus Entertainment Inc to acquire Shaw media in a deal valued at C$2.65 billion
Wednesday, 13 Jan 2016 07:00am EST 

Corus Entertainment Inc:To acquire Shaw media in transformational acquisition.Says deal valued at C$2.65 billion.Says acquisition expected to be immediately accretive to earnings and free cash flow per share.Says deal be paid through a combination of cash and Corus class b shares.Combination expected to generate $40-$50 million of annual cost synergies in addition to significant revenue synergies.Under terms of transaction, Corus agreed to acquire 100% of Shaw media for a total purchase price of $2.65 billion.Says rbc capital markets is providing fully committed financing in connection with the transaction.Says Corus intends to maintain its current annualized dividend of $1.14 per class b share.Corus intends to redeem 4.25% senior unsecured notes due February 2, 2020, of which $550 million principal is outstanding.Acquisition and refinancing of Corus debt will be funded with $2.3 billion of committed credit facilities, $560 million bridge financing.Sci will own approximately 39% of corus' total issued equity, including class a and b shares.Says sci has agreed to hold and not sell any of its Corus class b shares for the first 12 months following closing.Sci agreed to have 100% of Corus class b shares participate in corus' dividend reinvestment plan until at least August 31, 2017.  Full Article

Corus Entertainment Inc declares monthly dividend for Class A and Class B shareholders
Thursday, 22 Oct 2015 07:00am EDT 

Corus Entertainment Inc:Declared monthly dividends of $0.094583 per Class A Share and $0.095 per Class B Share payable on each of Nov. 30, Dec. 30 and Jan. 29, 2016 to shareholders of record date as on Nov. 16, Dec. 15 and Jan. 15, 2016, respectively.  Full Article

Corus Entertainment Inc and Disney/ABC Television Group join forces in landmark licensing agreement
Thursday, 16 Apr 2015 07:00am EDT 

Corus Entertainment Inc:Says groundbreaking, long-term licensing agreement with Disney/ABC Television Group that marks new chapter for kids and family entertainment in Canada.Under terms of this expansive agreement, Corus secures English and French language rights to Disney Channel's world-class content and becomes steward of the brand with the launch of Disney Channel in Canada.Says this multi-year agreement expands on the relationship between Corus and the Disney/ABC Television Group that began in 2011.  Full Article

Corus Entertainment Inc declares monthly dividend
Thursday, 9 Apr 2015 07:09am EDT 

Corus Entertainment Inc:Declares monthly dividends of $0.094583 per Class A share and $0.095 per Class B share.Payable on each of May 29, June 30 and July 31 to shareholders of record date as on May 15, June 15 and July 15.  Full Article

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