CBC Massive Job Cuts - No longer to bid on broadcast rights

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Sir Purrcival wrote:CBC has lost the rights to Hockey Night in Canada starting next season to Rogers. Simply put, they couldn't outbid what Rogers was willing to pay. Hockey Night in Canada was a major revenue generator for CBC and subsidized many other parts of their operation as well as garnered much needed advertising revenues. Losing the contract means that CBC is basically out of the sports broadcasting business but the loss is going to be felt across many of their other domains as well. These layoffs and cuts are probably only the beginning. As for some of the HNIC personnel, as far as I know, the jury is still out on who if any Rogers is going to take. They have subcontracted some broadcasts to other networks like TSN but just how this is all going to look is still a bit unclear. The CBC did a pretty decent job all those years and they deserve their due. Unfortunately, the CBC has in many ways become an anachronism. Once the main and major network of Canada, it is slowly being relegated to a poor cousin status. Maybe a lot of their content is not the greatest but at least they aren't showing marathons of some reality TV show.
Thanks for the explanation. It will be interesting to see which HNIC personnel are retained.
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