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Stock impact report

Bell files injunction seeking to block Rogers from broadcasting Warner Bros. content [Financial Post (Toronto, Ontario, Canada)]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Financial Post
TORONTO — Bell Media is seeking an injunction to block Warner Bros. Discovery content from being broadcast after Rogers Communications Inc. takes over as the Canadian rightsholder in January. In a court application filed June 19, the BCE Inc. subsidiary said a licensing deal that was announced nine days earlier between Warner Bros. and Rogers breached non-compete provisions that Bell had in place when it previously acquired the rights to the content. Article content The company also alleged in the court documents that Rogers “induced” Warner Bros. to breach its non-competition obligations to Bell Media, which has delivered certain Discovery programming in Canada for 30 years. Last month, Rogers said it had signed multi-year deals with Warner Bros. Discovery, along with NBCUniversal, for their popular lifestyle and entertainment brands in Canada starting Jan. 1. That comprises television channels such as Discovery Channel Canada, Discovery Velocity, Discovery Science and Ani Show less Read more
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