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Rogers Completes $4.35B Takeover of MLSE
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Rogers Communications completed its $4.35 billion Canadian purchase of Kilmer Sports’ remaining 25% stake in Maple Leaf Sports & Entertainment, giving it full control of the Maple Leafs, Raptors, Toronto FC, Argonauts and Scotiabank Arena alongside its existing Blue Jays assets. Rogers plans to combine its sports and media holdings in a new Rogers Sports unit; Keith Pelley and Mark Shapiro will remain in their leadership roles, while Rogers has also discussed selling a minority stake in the combined assets.
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Nicole Hardy
Keeping the same executives in place might help avoid disruption, but I wonder if Rogers will push harder on streaming rights at the expense of traditional cable.
