However, recently Corus has started to rise despite the stock being still 35% lower than at the beginning of the year. At around $9/share, the stock has been down almost 75% since the beginning of the year. Consequently, long-term investors looking to buy today are still heavily discounted.
While the pandemic has significantly impacted these stocks, these three TSX stocks are too cheap to ignore at current prices. If you’re a long-term investor looking for bargains in this market, these three TSX stocks offer excellent upside potential. Mainstream headlines focused on the streaming space fell but closed at session lows.
Shares of AMC Entertainment Holdings fell $4.10, or 10.6 percent, to close at $34.47, while Cinemark shares fell 42 cents, or 2.34 percent, to $17.53. Film stocks have also fallen sharply as investors continue to raise concerns about the impact of COVID-19 delta on the summer box office recovery.
The impact of COVID has been particularly severe on the film industry as the number of TV programming has skyrocketed. On the other hand, the video game industry has fared well during the COVID-19 pandemic as business closures and social distancing measures have limited entertainment options for people. The entertainment industry in Canada includes companies that operate or produce/distribute films, television or entertainment media, including video and cable television. For example, Cineplex, a company with a market capitalization of C$787.97 million, operates business segments covering media, leisure and film entertainment.
This entertainment company curates and produces content for children, including drama and family genres. Boat Rocker Media operates in countries such as Canada, the UK, USA and more. The company also engages in internet/e-commerce initiatives related to radio, wholesale distribution of pre-recorded videotapes and interactive entertainment products nationwide, video and audio post-production, and retail marketing services. In addition, his television group owns and operates the four most-watched entertainment channels in Canada, including the Family Channel.
The C$2.18 billion media company produces digital content through social media and esports platforms. In addition, the company interacts with fans through its multimedia app called “theScore.”
Netflix raised the monthly prices of its streaming service in the US, causing the stock to soar more than 3% during trading on Friday. Wall Street was counting on Netflix to raise prices as customer growth slowed. Netflix has increased prices in previous years and is part of the company’s long-term strategy.
Best Canadian Entertainment And Media Stocks
Specialty and pay-TV networks Corus is interested in include YTV, Treehouse TV, Country Music Television (CMT), Teletoon, W Network, Telelatino, Movie Central, Locomotion Channel and Food Network Canada. Corus Entertainment is a specialized television and radio company and content provider through Nelvana Ltd., producing and distributing children’s programs and merchandise. Corus Entertainment Inc. (Corus) is a Canadian content and media company that develops and distributes brands and content across multiple platforms. Corus Entertainment Inc. is a Canadian media and entertainment company.
Entertainment One Ltd., commonly abbreviated as eOne, is an American multinational entertainment company. Thunderbird Entertainment is a production or media company that creates fiction and various types of content for families and children. ZoomerMedia (ZUM) $66.1 million 33.33% ZoomerMedia Limited is a multimedia company in Canada. Rogers Communications is national cable television, Internet access, and video retailing company operated through Rogers Cable; digital PCs, cellular telephones, datacom and pagers through Rogers Wireless; and radio, television and magazine publications through Rogers Media.
Rogers radio stations are located in British Columbia, Alberta, Manitoba and Ontario. In addition, sun Media already publishes 16 local newspapers and 178 weeklies and specials in eight of Canada’s 11 major markets.
These companies are small; generally, Entertainment Inc. has over $1 billion in market capitalization. Some sectors have been hit much harder than others, so investors are avoiding equities. It is believed that entertainment companies and media companies that have moved to the online platform have also benefited from this.
Entertainment One acquired Barna-Alper Productions Inc., Blueprint Entertainment and distributor Oasis International in July 2008 to expand its television program production and distribution capabilities. As part of a company-wide rebranding, the three companies were merged into E1 Television in January 2009. In April 2018, eOne acquired non-scripted British production company Whiz Kid Entertainment.
In 2017, eOne teamed up with Participant Media, Reliance Entertainment, Alibaba Pictures and Universal Pictures to support Amblin Partners, a content creation company led by Steven Spielberg. On August 10, 2016, eOne rejected an offer to acquire British broadcaster ITV plc for 1 billion PS (US$1.3 billion). On August 22, 2019, American toy and media company Hasbro announced that it had reached an agreement to acquire Entertainment One for $4 billion.
As a result, all eOne Benelux titles, including future releases, were moved to WW. We have extensive experience working with some of Canada’s most successful media, digital media, entertainment, publishing and film companies. Our network includes funding sources (angels, venture capital, private and strategic investors, investment banks and commercial banks), government agencies and related professionals (accountants, lawyers, recruiters, marketing and business development specialists, lawyers and investors and communications with the public). Consultants). We also represent Canadian and foreign venture capital funds in fund formation, portfolio investment and portfolio exits, investment banks in public offerings, mergers and acquisitions and other open market transactions with TME assets.
And when independent producers, sports organizations, media companies or individual artists and artists are negotiating a contract in Canada, they call us. Dentons owns Canada’s most extensive media and entertainment firm, with the most significant number of attorneys recognized by Leexpert and Best Lawyers as Canada’s leading entertainment industry lawyers. As a result, Dentons Canada has unique tax experience in the media, entertainment and sports industries.
The table below provides cost data and other descriptive information for all US-listed media ETFs currently tracked by the ETF Database. In addition, the table below offers vital holding data for all US-registered media ETFs presently labelled in the ETF database. Finally, the table below summarizes the flow data for all U.S.-listed media ETFs.
This page contains historical performance information for all media ETFs listed on US exchanges currently tracked by the ETF Database. For more detailed information about the holdings of any ETF, click the link in the right column. StockCalc also contains many tools to help you understand how much the stocks you invest in are worth.