Rogers Communications secures 12-year media rights with NHL across Canada
1. Rogers Communications secures C$11 billion NHL media rights deal for 12 years. 2. This extensive agreement could enhance RCI's revenue stream and market position.
FAQ
Why Bullish?
The significant revenue from a long-term deal like this may drive RCI's stock positively, similar to past media rights agreements boosting valuations in broadcasting.
How important is it?
A major media rights acquisition like this can significantly bolster RCI's financial stability and growth prospects, attracting investors.
Why Long Term?
The 12-year duration of the contract indicates sustained revenue, reflecting positively in long-term financial performance and investment attractiveness.