Corus Entertainment (B) (CJR.B.TO)

This is the content part of the Shaw family of companies. Children’s and women’s programming. Stock price hasn’t done a great deal in the last year. Raises its dividend consistently, and has bought a couple of French language channels in a couple of radio stations. It is now the 2^nd largest French language producer of content. Trading at around 12X this year’s earnings. Yield of 4.43%.

Trading at 13X forward earnings. Generates a lot of free cash flow. Very stable business and very attractive valuation, but thinks it is fully priced. 4.3% dividend yield.

Has about a 4% dividend, so you get paid to wait. There are many plays left in the radio/TV side so it is an obvious takeover candidate. This is really a value stock with a dividend while you wait.

A specialty the media company, part of the Shaw Empire, and it’s primarily children programming and Oprah. Advertising has not been great, but they bought the other half of Teletoon, 2 specialty French language TV stations and a couple of English language radio stations in Ottawa from Astral, as a condition of Astral being allowed to merge with BCE. Down about 5% over the last year. 4.2% yield. There will be some growth from the efficiencies coming.

(Top Pick Jan 28/13, Up 3.56%) He got out because fundamentals were diverging. They reported a weak quarter.

(Market Call Minute.) A solid company in children’s programming, etc. Good dividend.

Surprised that radio is doing as well as it is. This is talked perennially as a takeover candidate. Thinks this is likely because it is just a natural trend to consolidate in this industry as things get weaker. You will probably be okay to bet on this one. 4% yield.

Well-run company. Still a great buy at these levels. They don’t compete in the sports business, which is a very tough business. Fantastic radio business which continues to grow.

The last of these programming type companies.

There is increasing value being put on content in this digital world. This company owns very valuable radio, specialty TV assets. Dividend just under 4%. Generates a lot of free cash flow. One of the most valuable content owners in Canada.