CBC has come under widespread criticism for bidding too low for the 2010 and 2012 Olympics
there were three reasons for the unexpectedly high bid from the consortium of Bell Globemedia and Rogers
The Bell Globemedia-Rogers bid is a huge rise on what CBC paid
Failure of Canadian public-service broadcaster CBC to hold on to the television and new-media rights for the Olympic Games
Golf: The US PGA Tour signed new six-year deals with the CBS and NBC networks, from 2007 to 2012.