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Bell, CBC drop Olympic bids

Jun 26, 2012

Source: Vancouver Sun

Bell Media and CBC/Radio-Canada are abandoning a joint effort to bring the 2014 Olympic Winter Games and 2016 Olympic Summer Games to Canadian viewers. But the cash-strapped CBC says it still might muster a solo bid for what is typically one of the world's most-watched events. Bell Media, which runs CTV and TSN, says the International Olympic Committee rejected two joint proposals over money. As a result, the two parties "have decided to formally dissolve their bid partnership." CBC spokesman Chuck Thompson says the public broadcaster could pursue the Games on its own. A spokesman for Bell Media says it's dropping out of the race while Rogers Communications, which runs Citytv and Sportsnet, has also said it will pass.

© Vancouver Sun