Aug 16, 2012, 2:40 PM EDT
In news that’s sure to bore you, the CRTC has approved the sale of Maple Leaf Sports and Entertainment to Canadian media giants Bell (parent of TSN) and Rogers Communications (parent of Sportsnet).
The CRTC is Canada’s regulatory agency for broadcasting and telecommunications, i.e. the FCC of the Great White North.
MLSE owns the NHL’s Maple Leafs, NBA’s Raptors and Toronto FC of the MLS.
To gain the regulator’s approval, BCE and Rogers agreed to spend $7.5 million on sports-themed programming by Canadian independent producers.
The sale has already been approved by the NHL and is expected to close soon.
- One more time, with feeling: Flames stage yet another comeback, eliminate Vancouver 11
- Keith conquers: Blackhawks come back, eliminate Predators 36
- Red Wings smother Lightning, take 3-2 series lead 17
- Going the distance: Isles edge Caps to force Game 7 29
- WATCH LIVE: Today’s Stanley Cup playoff action 6
- Lucic issues statement on father’s passing 10
- Hall caught off guard by Oilers’ front office shuffle 18
- Wild’s Dubnyk shakes off six-goal night, saves 36 as Blues pushed to brink 34
- WATCH LIVE: Tonight’s Stanley Cup Playoff action 5
- Malkin: ‘I want to say sorry to fans, to my teammates’ 58
- Too little, too late: Rangers stifle Penguins for 2-1 series lead (114)
- It’s Done: Rangers eliminate Penguins in overtime (108)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)
- Preds, Forsberg finally solve Darling, push series to Game 6 (76)