roscoe36
08-12-2006, 10:13 AM
http://www.cbc.ca/story/sports/national/2006/08/11/hockey-globe.html
http://www.channelcanada.com/Article1496.html
Right now, the CBC is paying about $65-million a year for English-language broadcasting rights. TSN's cable deal is worth about $15-million. And CTV-owned RDS's Montreal Canadiens' French-language agreement is for about $12-million.
That's a total of $92-million. A potential bid of $1.4-billion over 10 years breaks down to $140-million a year, a number that exceeds the current $92-million by almost $50-million.
It seems like a massive increase. On the other hand, it's widely believed that the CBC makes a large profit from its $65-million annual investment, perhaps as much as $30-million on a good year. People inside and outside the CBC refer to Hockey Night as the network's cash cow.
http://www.channelcanada.com/Article1496.html
Right now, the CBC is paying about $65-million a year for English-language broadcasting rights. TSN's cable deal is worth about $15-million. And CTV-owned RDS's Montreal Canadiens' French-language agreement is for about $12-million.
That's a total of $92-million. A potential bid of $1.4-billion over 10 years breaks down to $140-million a year, a number that exceeds the current $92-million by almost $50-million.
It seems like a massive increase. On the other hand, it's widely believed that the CBC makes a large profit from its $65-million annual investment, perhaps as much as $30-million on a good year. People inside and outside the CBC refer to Hockey Night as the network's cash cow.