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Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights
- Quebecor CEO Pierre Karl Péladeau warned on May 8, 2025, at the company's annual general meeting that TVA Sports faces a grim future due to rising NHL broadcast rights costs.
- This warning followed the NHL's recent $11 billion, 12-year national rights deal with Rogers Communications starting in the 2026-27 season, which raises the cost beyond TVA Sports' means to pay.
- TVA Sports, launched by Quebecor in 2011 and operated by TVA Group, currently loses money despite growing winter market share thanks to broadcasts like the 4 Nations Face-Off and Montreal Canadiens games.
- Péladeau noted that Quebecor has poured over $230 million into TVA Sports since its inception, but expressed skepticism about the channel’s ability to afford the high fees the NHL is requesting for French-language national broadcast rights.
- While Quebecor's overall first-quarter profit rose to $190.7 million with $1.34 billion revenue, the future of its French-language sports programming remains uncertain amid rising costs and declining TVA advertising revenues.
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Flin Flon Reminder+6 Reposted by 6 other sources
Quebecor CEO warns of grim future for TVA Sports amid rising cost of broadcast rights
The chief executive of Quebecor Inc. warned Thursday that the company’s French-language sports television programming could be in jeopardy amid rising costs for broadcasting rights.
·Flin Flon, Canada
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