Corus Q1 Earnings: Drowning in Debt

What do you do when you operate in a dying industry that has no hope of being restored to the glory days?

You put a smile on your face, manage the losses as the ship sinks, and continue to collect whatever sort of paycheck you can muster while funds still exist in the bank.

Which in simple terms, is basically what Corus Entertainment (TSX: CJR.B) is doing.

Lets dive in.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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