The latest announcement is out from Corus Entertainment ( ($TSE:CJR.B) ).
Heather Shaw, the Executive Chair of Corus Entertainment Inc., will retire from her position on May 31, 2025, after serving since the company’s inception in 1999. She will continue to serve as a non-executive chair on the Board of Directors. Shaw’s leadership has been pivotal in navigating Corus through significant industry changes, and her departure marks a notable transition for the company. Her ongoing involvement with the Board and other philanthropic ventures indicates her continued influence in the media and philanthropic sectors.
Spark’s Take on TSE:CJR.B Stock
According to Spark, TipRanks’ AI Analyst, TSE:CJR.B is a Neutral.
Corus Entertainment’s overall stock score reflects significant financial struggles with declining revenue and negative profitability. Technical analysis shows some positive momentum, but valuation concerns due to negative earnings cannot be ignored. While strategic initiatives and cost reductions offer some hope, challenges in advertising revenue and high leverage remain key risks.
To see Spark’s full report on TSE:CJR.B stock, click here.
More about Corus Entertainment
Corus Entertainment Inc. is a leading media and content company that develops and delivers high-quality brands and content across platforms for audiences worldwide. The company’s portfolio includes 30 specialty television services, 36 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Corus is known for its premium brands such as Global Television, W Network, and National Geographic, and is also an internationally-renowned content creator, producer, and distributor.
YTD Price Performance: 18.57%
Average Trading Volume: 46,181
Technical Sentiment Signal: Buy
Current Market Cap: $14.37M
Learn more about CJR.B stock on TipRanks’ Stock Analysis page.