8:18am: Rogers has put out a press release officially confirming the sale agreement.
Notably, for Raptors fans in Canada, the announcement clarifies that TSN, the sports network controlled by Bell Media, will get the opportunity to renew its broadcast rights for Raptors games at “fair market value.” In recent years, TSN and Rogers’ sports network (Sportsnet) have split those Raptors broadcasts 50/50, with each network airing 41 regular season games.
BCE announced in a press release of its own that it has reached a deal with Rogers to retain TSN’s share of the broadcast rights for the Raptors (and other MLSE teams) for the next 20 years, subject to league approval.
8:00am: Rogers Communications has acquired BCE (Bell)’s stake in Maple Leaf Sports and Entertainment, the parent company of the Raptors, according to a report from Scott Soshnick and Kurt Badenhausen of Sportico.
The two Canadian communications/media giants…
