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Bell Media seals deal to become sole distributor of HBO in Canada

Nov. 19, 2015 5:15 PM ETTime Warner Inc. (TWX) StockTWX, BCE, CJREFBy: Jason Aycock, SA News Editor7 Comments
  • Bell Media (BCE +1.2%) has signed a deal with Time Warner (TWX -1.1%) to become Canada's exclusive home for HBO programming "into the next decade."
  • The comprehensive multi-year deal covers all platforms, with Bell gaining the ability to deliver current and library programming via its linear, on-demand and over-the-top channels in English and French.
  • With the move, Bell Media is also expanding The Movie Network into a national pay TV service and becoming the sole operator of HBO Canada via a C$211M payment to Corus Entertainment (OTCPK:CJREF -2.5%), which is exiting pay TV to focus on its core media brands.
  • HBO content will be delivered by one company across Canada for the first time. French-language HBO programs will continue to be distributed via Bell's Super Écran pay service.
  • BCE and HBO also set a development deal to make premium, Canada-made content for a global stage.

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