The Ontario Teachers’ Pension Plan said it is selling its 79.5 stake in Maple Leaf Sports and Entertainment, which owns a prized collection of some of the most valuable sports assets in Canada’s largest city. Who is the buyer? Rogers and BCE (Bell), who will not own it all. With the two largest telecom and media companies, in Canada, taking control of the Toronto sports many have begun to wonder what this means. Will we finally get an investment in actually winning? Or is this merely two large media companies attempting to bring more premium content to sports hungry fans in Toronto? BCE now has more sports programming for TSN. Also, the deal brings Rogers, owner of the Toronto Blue Jays baseball club, more content to Sportsnet. I am curious what this may mean for other media outlets. For those who have decided to cut the cable will this mean less content availability? Since they are almost an oligopoly, in the Toronto area, we simply have no choice. On the other side of the coin, this may have been the lesser of the two evils.
