Rogers says Corus’ business model ‘broken’ after being accused of ‘predatory’ action

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 50 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 187%
  • Publisher: 66%

Canadian News Noticias

Canada News,Breaking News Video,Canadian Breaking News

Corus alleges Rogers is using its ‘dominant size and scale’ to undercut Canadian competitors through rights deals to foreign programming

In a July 26 letter to the CRTC, posted online in redacted form this week, Corus vice-president and associate general counsel Matt Thompson asks for regulatory intervention to prevent a “significant adverse impact” to the television and radio broadcaster.

Corus alleges Rogers is using its “dominant size and scale” to undercut Canadian competitors through rights deals to foreign programming, as evidenced by pacts with Warner Bros. Discovery for the rights to its popular lifestyle and entertainment brands and NBCUniversal’s Bravo channel. It also accuses Rogers of using its cable and streaming platforms to discourage subscriptions to Corus content, such as its Disney-themed channels, by offering promotions for the Disney Plus streaming service.

In a statement, Rogers spokeswoman Sarah Schmidt called the complaint “baseless,” adding that Corus “has not kept up with the demands of Canadians and is now looking for the regulator to protect their broken business model.” Schmidt says Corus is attempting to force customers to pay for channels they no longer want to watch and service providers to carry them.Study and track financial data on any traded entity: click to open the full quote page. Data updated as of

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 31. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Rogers says Corus' business model 'broken' after being accused of 'predatory' actionOTTAWA — Corus Entertainment Inc. has filed a complaint with Canada's broadcasting regulator alleging Rogers Communications Inc. is 'engaging in predatory...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Rogers says Corus' business model 'broken' after being accused of 'predatory' actionOTTAWA — Corus Entertainment Inc. has filed a complaint with Canada's broadcasting regulator alleging Rogers Communications Inc. is 'engaging in predatory behaviour' to suppress potential competition.
Fuente: SooToday - 🏆 8. / 85 Leer más »

Rogers turned ‘predatory’ after Shaw acquisition, Shaw-controlled media firm saysTelecommunications firm Rogers Communications Inc. is abusing its market power following its blockbuster acquisition of Shaw Communications Inc., according to a complaint by a Canadian television company.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »