Maple Leaf Sports & Entertainment, owners of some of the best known and most valuable sports brands, is now owned by the two biggest communication companies in Canada. Rogers and Bell jointly acquired 80% of MLSE, announcing today their $1.3 billion deal. When asked about competition or conflict of interest in their partnership, they replied that Rogers and Bell had previously worked together (covering the Olympics).
The new arrangement is to bring premium content to sports fans through a number of different channels. Because Bell and Rogers are both already involved in tv (cable & satellite), internet connectivity, cell phones, and – okay, let's just say "everything," – this gives MLSE a lot more channels for distribution.
Nahir Mohamed, President and Chief Executive of Rogers, said that part of Rogers' aim is to offer fans content on demand.
"We're excited to partner with MLSE to create highly interactive and engaging experiences for hockey, basketball and soccer fans, creating the perfect marriage of content and distribution. This investment fits squarely into our strategy of securing premium content and making it accessible to Canadians when, where and how they want it."
Rogers already owns the Toronto Blue Jays. Acquiring MLSE means they also own the Toronto Maple Leafs, the Toronto Raptors, and the Toronto Marlies (soccer). At least in this city, sports news can now be covered by all the same people, which can be convenient or it can be limiting.
A thought: is consolidation of ownership good or bad for fans?
-Tamara Hecht