Corus Entertainment Inc. - S&P Global Ratings’ Credit Research

Corus Entertainment Inc.

Corus Entertainment Inc. - S&P Global Ratings’ Credit Research
Corus Entertainment Inc.
Published Mar 03, 2004
1416 words — Published Mar 03, 2004
Price US$ 500.00  |  Buy this Report Now

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Abstract:

Diversified revenue base Leading market position of key assets Favorable broadcast regulatory environment limiting foreign ownership and competition Weak financial profile Aggressive growth strategy Exposure to cyclical advertising income Volatile performance in content division The ratings on Corus Entertainment Inc. reflect the company's aggressive financial profile due to its acquisition-oriented growth strategy. The ratings also reflect challenging industry fundamentals, including the cyclical nature of the media industry, particularly for advertising and content. These factors are partially offset by the strong market position of the company's core radio and specialty television businesses, and by the revenue diversity provided by these assets. In addition, positive advertising growth dynamics for the specialty television industry, and the favorable Canadian broadcasting regulatory regime, which limits

  
Brief Excerpt:

RESEARCH Corus Entertainment Inc. Publication date: 03-Mar-2004 ISSUER CREDIT RATING Corus Entertainment Inc. Corporate Credit Rating ##/Negative/-- AFFIRMED RATINGS Corus Entertainment Inc. Sr secd debt Foreign currency ## Sub debt...

  
Report Type:

Full Report

Ticker
CJR/B@CN
Issuer
GICS
Broadcasting & Cable TV (25401020)
Sector
Corporations, Global Issuers, Media & Entertainment
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Corus Entertainment Inc." Mar 03, 2004. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Corus-Entertainment-Inc-362014>
  
APA:
S&P Global Ratings’ Credit Research. (). Corus Entertainment Inc. Mar 03, 2004. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Corus-Entertainment-Inc-362014>
  
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