FIGURE SKATING TO DRAW $1M IN CANADIAN TV RIGHTS FEES?
Published December 2, 1994
The Canadian rights to the world figure skating championships could be sold for $1M a year, according to industry sources cited in this morning's TORONTO STAR. The deal could depend on how much CTV is willing to spend to reclaim the rights from CBC. CBC's most recent contract with the International Skating Union (ISU) was "little more than $700,000 annually." But one source said that a CBC offer for an extension for $1M a year was rejected. Negotiations between the Canadian nets and the ISU will be handled by IMG (Ken McKee, TORONTO STAR, 12/2).