Rogers Falls to Lowest Since 2012 on Downgrade, NHL TV Deal
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Rogers Communications Inc., Canada’s top wireless firm, is set to renew its 12-year broadcast deal with the National Hockey League for C$11 billion ($7.7 billion), according to a report in Sportico. The shares dropped.
The agreement is worth more than double the previous C$5.2 billion deal that Rogers signed in 2013. That contract gave Rogers national broadcast rights, including to the valuable Hockey Night in Canada package of games that airs on Saturday nights.