Quote:
Originally Posted by Toonage
Also, given Rogers financial issues I don't think it would take much to outbid them for these rights.
.
|
Is this true? The June 2019 statements show it has made almost 1 billion in 6 months
Maybe certain division have become less profitable but the company appears healthy financially.
https://investors.rogers.com/financi...ncial-reports/
Moving to Media, revenue was 3% lower, largely as a result of the sale of our publishing business in the
second quarter and lower revenue from the Toronto Blue Jays. This was partially offset by higher
subscription and advertising revenue generated by our Sportsnet properties. Media EBITDA was
strong, up 20%, driven by efficiencies and lower Toronto Blue Jays salaries"
"