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Tony Staffieri and Edward Rogers discuss MLSE deal with Ron MacLean

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Rogers has announced a significant acquisition, signing an agreement to purchase Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion. This major deal in the Canadian sports and entertainment industry will be discussed in an interview featuring Rogers President and CEO Tony Staffieri and Executive Chair Edward Rogers with Hockey Night in Canada's Ron MacLean.

The interview broadcast footage will be available via pool feed at 3 p.m. ET today. Detailed technical specifications for accessing the pool feed have been provided, including satellite coordinates and video format information. This acquisition represents a substantial investment by Rogers in the sports and entertainment sector, potentially impacting its market position and future strategies.

Rogers ha annunciato un'acquisizione significativa, firmando un accordo per acquistare la quota di proprietà del 37,5% di Bell in Maple Leaf Sports & Entertainment (MLSE) per C$4,7 miliardi. Questo importante affare nel settore sportivo e dell'intrattenimento canadese sarà discusso in un'intervista con Tony Staffieri, Presidente e CEO di Rogers, e Edward Rogers, Presidente Esecutivo, insieme a Ron MacLean di Hockey Night in Canada.

Il filmato dell'intervista sarà disponibile tramite feed pool alle 15:00 ET di oggi. Sono state fornite specifiche tecniche dettagliate per accedere al feed pool, inclusi coordinate satellitari e informazioni sul formato video. Questa acquisizione rappresenta un investimento sostanziale da parte di Rogers nel settore sportivo e dell'intrattenimento, che potrebbe influenzare la sua posizione di mercato e le strategie future.

Rogers ha anunciado una adquisición significativa, firmando un acuerdo para comprar la participación del 37.5% de Bell en Maple Leaf Sports & Entertainment (MLSE) por C$4.7 mil millones. Este importante acuerdo en la industria canadiense de deportes y entretenimiento será discutido en una entrevista con Tony Staffieri, Presidente y CEO de Rogers, y Edward Rogers, Presidente Ejecutivo, junto con Ron MacLean de Hockey Night in Canada.

La transmisión de la entrevista estará disponible a través de un feed pool a las 3 p.m. ET de hoy. Se han proporcionado especificaciones técnicas detalladas para acceder al feed pool, incluyendo coordenadas satelitales e información sobre el formato de video. Esta adquisición representa una inversión sustancial por parte de Rogers en el sector de deportes y entretenimiento, lo que podría afectar su posición en el mercado y sus estrategias futuras.

로저스는 주요 인수 소식을 발표하며, 벨의 메이플 리프 스포츠 앤 엔터테인먼트(MLSE)에서 37.5%의 지분을 C$47억에 인수하기 위해 계약을 체결했습니다. 캐나다 스포츠 및 엔터테인먼트 산업에서의 이 중요한 거래는 로저스의 토니 스타피에리 사장 겸 CEO와 에드워드 로저스 이사회 의장이 Hockey Night in Canada론 맥클레인과의 인터뷰에서 논의될 예정입니다.

인터뷰 방송 영상은 오늘 오후 3시 ET에 풀 피드를 통해 제공됩니다. 풀 피드 접근을 위한 상세 기술 사양이 제공되었으며, 여기에는 위성 좌표 및 비디오 형식 정보가 포함되어 있습니다. 이번 인수는 로저스가 스포츠 및 엔터테인먼트 분야에 대한 상당한 투자를 나타내며, 이는 시장 위치와 미래 전략에 영향을 미칠 수 있습니다.

Rogers a annoncé une acquisition significative, signant un accord pour acheter la participation de 37,5% de Bell dans Maple Leaf Sports & Entertainment (MLSE) pour C$4,7 milliards. Cet important accord dans l'industrie canadienne du sport et du divertissement sera discuté lors d'une interview avec Tony Staffieri, Président et CEO de Rogers, et Edward Rogers, Président Exécutif, ainsi que Ron MacLean de Hockey Night in Canada.

Le film de l'interview sera disponible par diffusion pool à 15h00 ET aujourd'hui. Des spécifications techniques détaillées pour accéder au flux pool ont été fournies, y compris des coordonnées satellitaires et des informations sur le format vidéo. Cette acquisition représente un investissement substantiel de Rogers dans le secteur du sport et du divertissement, ce qui pourrait avoir un impact sur sa position sur le marché et ses stratégies futures.

Rogers hat eine bedeutende Übernahme angekündigt und einen Vertrag unterzeichnet, um die 37,5%ige Beteiligung von Bell an Maple Leaf Sports & Entertainment (MLSE) für C$4,7 Milliarden zu erwerben. Dieses große Geschäft in der kanadischen Sport- und Unterhaltungsindustrie wird in einem Interview mit Tony Staffieri, Präsident und CEO von Rogers, und Edward Rogers, Executive Chairman, zusammen mit Ron MacLean von Hockey Night in Canada besprochen.

Die Übertragungsbilder des Interviews werden heute um 15:00 Uhr ET über einen Pool-Feed verfügbar sein. Detaillierte technische Spezifikationen zum Zugriff auf den Pool-Feed wurden bereitgestellt, einschließlich Satellitenkoordinaten und Informationen zum Videoformat. Diese Übernahme stellt eine erhebliche Investition von Rogers in den Sport- und Unterhaltungssektor dar, die potenziell Auswirkungen auf die Marktposition und zukünftige Strategien haben könnte.

Positive
  • Acquisition of Bell's 37.5% stake in MLSE for C$4.7 billion
  • Increased ownership in a major sports and entertainment entity
  • Potential for enhanced market position in the sports and media industry
Negative
  • Significant capital expenditure of C$4.7 billion
  • Potential increase in debt or use of cash reserves for the acquisition

Insights

The C$4.7 billion acquisition of Bell's 37.5% stake in MLSE by Rogers is a significant move in the Canadian sports and media landscape. This deal consolidates Rogers' control over MLSE, which owns valuable assets like the Toronto Maple Leafs, Raptors and Toronto FC. The high price tag reflects the premium value of sports franchises and their associated media rights.

For Rogers, this investment could yield long-term benefits through enhanced content control and potential synergies with their existing media properties. However, the substantial financial commitment may impact short-term profitability and leverage ratios. Investors should monitor how Rogers plans to finance this acquisition and its impact on the company's balance sheet.

This acquisition marks a significant shift in the Canadian media landscape. By gaining full control of MLSE, Rogers strengthens its position in the lucrative sports content market. This move could potentially lead to exclusive broadcasting rights and new revenue streams from digital platforms and streaming services.

The deal may also trigger regulatory scrutiny, given Rogers' increased market concentration. Investors should watch for potential regulatory challenges or required divestitures. Additionally, this acquisition could spark further consolidation in the industry as competitors seek to bolster their own positions in response to Rogers' strengthened market presence.

The C$4.7 billion valuation for a 37.5% stake implies a total valuation of approximately C$12.5 billion for MLSE, highlighting the premium placed on sports franchises. This deal could potentially reshape the sports media landscape in Canada, giving Rogers increased leverage in negotiating broadcast rights and sponsorship deals.

For MLSE's teams, this could mean increased investment in player acquisitions and facilities, potentially boosting on-field/on-court performance. However, fans and other stakeholders may have concerns about the concentration of ownership. The long-term implications for ticket prices, media access and team management will be important factors to monitor.

Pool feed details below to access broadcast footage of interview

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Earlier today, Rogers announced it has signed an agreement to buy Bell’s 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.  Rogers President and CEO Tony Staffieri, and Rogers Executive Chair, Edward Rogers discuss the deal with Hockey Night in Canada’s Ron MacLean.

Broadcast footage of the interview is to be available via pool feed at 3 p.m. ET today.

Pool feed details to access broadcast footage of interview:
Galaxy 19 K01 Slot A 9Mhz
U/L: 14006.0 H
D/L: 11706.0 V
SR: 7.2 Msym/s
Modulation: DVB-S2 8PSK
FEC: 3/4
Pilot: ON
Roll Off: 20%
Video Format: 1080i/59.94
Video Codec: MPEG-4 (H 264) – 4:2:0
PGAD also available to all broadcasters at the Toronto TOC
  
For more information:
Media
media@rci.rogers.com
1-844-226-1338


FAQ

What is the value of Rogers' acquisition of Bell's stake in MLSE?

Rogers has agreed to buy Bell's 37.5% ownership stake in Maple Leaf Sports & Entertainment (MLSE) for C$4.7 billion.

When will the interview about Rogers' MLSE deal be broadcasted?

The interview broadcast footage will be available via pool feed at 3 p.m. ET on September 18, 2024.

Who will be discussing the MLSE deal in the interview?

Rogers President and CEO Tony Staffieri, and Rogers Executive Chair Edward Rogers will discuss the deal with Hockey Night in Canada's Ron MacLean.

What is the stock symbol for Rogers Communications?

The stock symbol for Rogers Communications is RCI.

Rogers Communications, Inc.

NYSE:RCI

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