Bell Curve: CTV-TSN Reportedly To Bid C$1.4B For NHL Rights
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CTV-TSN Likely To Offer C$1.4B Over Ten Years For Canadian NHL TV Rights
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Bell Mediagroup, which owns CTV and TSN, is “likely to proffer a bid” of C$1.4B
over ten years for Canadian NHL TV rights, a figure that the CBC “may find impossible
to match,” according to sources cited by William Houston of the Toronto GLOBE
& MAIL. The CBC’s rights to the league, which include “Hockey Night In Canada,”
expire after the ’07-08 season, and sources said NHL Commissioner Gary Bettman
has already talked to the CBC and CTV-TSN about the bidding process. Bell Mediagroup’s
bid would include English-language broadcast rights, cable rights, French-language
rights and ownership of Internet streaming of games. The CBC currently is paying
around C$65M annually for the rights, while TSN is paying about C$15M for cable
rights and RDS $12M for French-language rights. The combined C$92M is almost C$50M
less than the CTV-TSN bid, and the CBC is “not likely” to match that number. It
is believed the CBC has been making over C$30M in profit from NHL broadcasts,
and its current rights fee “is viewed by the NHL as a bargain” (Toronto
GLOBE & MAIL, 8/11).
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