{"id":818867,"date":"2026-07-22T15:40:10","date_gmt":"2026-07-22T15:40:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/818867\/"},"modified":"2026-07-22T15:40:10","modified_gmt":"2026-07-22T15:40:10","slug":"rogers-reports-q2-loss-as-it-took-charge-related-to-mlse-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/818867\/","title":{"rendered":"Rogers reports Q2 loss as it took charge related to MLSE deal"},"content":{"rendered":"<p><a class=\"c-overline b-overline\" href=\"https:\/\/www.bnnbloomberg.ca\/business\/company-news\/\" rel=\"nofollow noopener\" target=\"_blank\">Company News<\/a><\/p>\n<p class=\"b-date-custom__date-item\">Published:\u00a0July 22, 2026 at 8:00AM EDT<\/p>\n<p>Rogers now owns the Leafs, Raptors, Argos, Toronto FC and the Blue Jays after purchasing the remaining MLSE stake for $4.3B. <\/p>\n<p class=\"c-paragraph\">TORONTO \u2014 <a href=\"https:\/\/www.bnnbloomberg.ca\/stock\/RCI\/A:QF\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.bnnbloomberg.ca\/stock\/RCI\/A:QF\/\">Rogers Communications Inc.<\/a> reported a loss for its second quarter as it took a $1.03-billion non-cash charge related to its move to buy the minority stake in Maple Leaf Sports and Entertainment it does not already own.<\/p>\n<p class=\"c-paragraph\">The company says the net loss attributable to shareholders amounted to $726 million or $1.37 per diluted share for the quarter ended June 30.<\/p>\n<p class=\"c-paragraph\">The result compared with a profit of $157 million or 29 cents per diluted share in the same quarter last year.<\/p>\n<p class=\"c-paragraph\">On an adjusted basis, Rogers says it earned $1.15 per diluted share in its latest quarter, up from an adjusted profit of $1.14 per diluted share a year earlier.<\/p>\n<p class=\"c-paragraph\">Revenue totalled $5.62 billion, up from $5.22 billion in the same quarter last year.<\/p>\n<p class=\"c-paragraph\">Rogers announced a deal earlier this month to buy the remaining 25 per cent stake in MLSE it does not already own from Kilmer Sports Inc. for $4.35 billion.<\/p>\n<p class=\"c-paragraph\">This report by The Canadian Press was first published July 22, 2026.<\/p>\n<p>Related Stories<\/p>\n","protected":false},"excerpt":{"rendered":"Company News Published:\u00a0July 22, 2026 at 8:00AM EDT Rogers now owns the Leafs, Raptors, Argos, Toronto FC and&hellip;\n","protected":false},"author":2,"featured_media":818868,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[433],"tags":[45,49,48,15913,7607,448,82,15914],"class_list":["post-818867","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-business","tag-ca","tag-canada","tag-hardware","tag-media","tag-nhl","tag-sports","tag-telecom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/818867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=818867"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/818867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/818868"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=818867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=818867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=818867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}