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Hockey buzz: The NHL lands massive rights deal in Canada

  • Rogers Communications (RCI -0.2%) property Rogers Sportsnet won the rights to broadcast NHL hockey in Canada for 12 years by outbidding rival TSN. The final deal price is reported to be C$5.2B ($4.94B).
  • The media deal is the largest sports right agreement ever in Canada.
  • Sportsnet plans to sub-license select coverage to help offset the large cost.

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