JOURNAL ARTICLE

Rogers Falls to Lowest Since 2012 on Downgrade, Rich NHL TV Deal.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hughes, Stephanie 3 of 3

Abstract

Rogers Communications Inc., a top wireless firm in Canada, is set to renew its 12-year broadcast deal with the National Hockey League for C$11 billion. This agreement is more than double the previous deal signed in 2013, giving Rogers national broadcast rights, including the valuable Hockey Night in Canada package. The company's shares fell after the news, with analysts expressing concerns about funding and balance sheet issues. The deal may impact the value of Toronto's hockey team, the Maple Leafs, which Rogers partly controls, and could lead to increased costs for Sportsnet subscriptions. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/04, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2025
  • Accession Number:184177393
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