April 2 (Reuters) - Canada's Rogers Communications ( RCIAF )
announced on Wednesday a new 12-year agreement worth
C$11 billion ($7.68 billion) to secure media rights for the
National Hockey League (NHL) games across all platforms in
Canada.
As the Canadian telecom company is reaching the end of its
current deal, originally signed in 2013, the new agreement is
set to kick in for the 2026 season.
The telecom giant is doubling down on sports as a key growth
strategy, aiming to strengthen its dominance in Canadian sports,
amid intense competition in the country's wireless industry.
Rogers has secured rights across TV, digital and streaming,
for all national games, including the Stanley Cup final, in all
languages. The deal allows fans to access more live games with
fewer regional blackouts, the company said.
"Sports are core to our company, and these rights are the
most valuable sports rights in Canada," said CEO Tony Staffieri.
Last year, Rogers Communications ( RCIAF ) said it would buy Bell's
stake in Maple Leaf Sports & Entertainment for C$4.7 billion
($3.46 billion) to become the majority owner of the Canadian
sports firm behind the Toronto Raptors basketball team and NHL's
Toronto Maple Leafs.
($1 = 1.4321 Canadian dollars)