- 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.