CBC an Olympian at spending

“Here we go again – or is this time different?

News that the CBC has won the radio and TV broadcasting rights for the 2014 Winter Olympics in Sochi, Russia, and the 2016 Summer Games in Rio de Janeiro, Brazil, raises the question why a state broadcaster is bidding against private companies.

So far, CBC brass won’t say how much they paid for the Olympic rights, but whatever the amount is, it comes from the taxpayer, not private enterprise.”

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