business
Netflix Boosts Vancouver’s Creative Economy with Massive New Animation Hub
Netflix opens a 111,000 sq. ft. animation studio in Vancouver’s Mount Pleasant, projected to add $100 million annually to British Columbia’s economy.

A Major Leap for Vancouver’s Animation Sector
Netflix has officially inaugurated its state-of-the-art, 111,000-square-foot animation studio in Vancouver, solidifying the city’s status as a premier global destination for digital entertainment and visual effects. Located at 110 East 5th Avenue within the burgeoning Mount Pleasant Industrial Area, the purpose-built facility occupies several floors of the M4 building, a nine-storey office tower designed by Henriquez Partners Architects. This move represents a significant deepening of Netflix’s footprint in British Columbia, following the company’s 2022 acquisition of the renowned animation house Animal Logic.
Economic Impact and Strategic Growth
The establishment of Netflix Animation Studios is poised to be a powerful economic driver for the region. Construction of the facility alone contributed over $50 million to British Columbia’s GDP. Moving forward, the studio’s operations are projected to inject approximately $100 million annually into the provincial economy. Currently housing more than 450 employees, the site is designed to grow even further. Netflix plans to integrate its in-house visual effects division, Eyeline, into the space, creating a massive, unified production hub for high-end digital storytelling.
Inside the Creative Powerhouse
The new studio is engineered specifically for the demands of feature-film animation. Beyond standard workstations, the facility features an auditorium-style production theatre, high-tech collaborative zones, and specialized production technology. Staff can also enjoy top-tier amenities, including a top-floor cafeteria and games rooms, designed to foster a creative culture. Its location is strategically chosen for accessibility, situated just a short walk from the future Mount Pleasant SkyTrain Station, set to open in 2027.
Building on Past Successes
Amir Nasrabadi, Chief Operating Officer of Netflix Animation Studios, cited Vancouver’s world-class talent pool as the primary motivator for the investment. The Vancouver-based teams have already proven their mettle with global hits like Leo and Thelma the Unicorn, both of which dominated Netflix’s global top 10 charts. The studio’s next major project, Steps—a reimagined Cinderella story featuring the voices of Ali Wong and Amanda Seyfried—is already in production, signaling a bright future for the city’s role in the global streaming landscape.
business
The End of an Era: CBC to Stop Airing NHL Games as ‘Hockey Night in Canada’ Leaves Free TV
CBC and Sportsnet end their 74-year partnership, moving Hockey Night in Canada exclusively to Sportsnet and marking the end of free NHL games on Canadian TV.

A Cultural Mainstay Fades from the Public Airwaves
For more than seven decades, Saturday nights in Canada were defined by the glowing blue light of the television and the iconic theme of Hockey Night in Canada. On Tuesday, that era officially came to a close as Sportsnet and CBC announced the termination of the sub-licensing agreement that kept NHL games on the public broadcaster. The move marks the end of a 74-year tradition of free hockey on Canadian television, shifting the national pastime exclusively behind a paywall.
The Economics of the Ice
The transition began in earnest in 2014 when Rogers Communications Inc. secured a massive $5.2-billion, 12-year national rights deal. While CBC continued to air the games through a partnership with Sportsnet, the landscape of media consumption has shifted dramatically. Rogers has now entered a new 12-year, $11-billion agreement with the NHL and is seeking to consolidate its viewership. According to Sportsnet spokesperson Jason Jackson, viewership for early Saturday night games on CBC had declined by 70 per cent since 2014, as fans increasingly migrated to digital platforms and specialty sports channels.
A Pivot Toward Amateur Sports
The loss of the NHL leaves a significant void in CBC’s prime-time programming, which previously relied on hockey to draw its largest weekly audiences. In response, the public broadcaster announced plans to launch a new Saturday night program focused on amateur, Olympic, and Paralympic athletes. While this aligns with CBC’s renewed focus on the amateur sector—a strategy adopted after being priced out of professional hockey rights—the move signals a fundamental change in how Canadians access their most popular sport.
The Normalized Pay-to-Play Model
Industry experts suggest that the public’s appetite for streaming services has made this transition possible. Michael Naraine, an associate professor at Brock University, noted that Rogers is no longer concerned about a public backlash over the removal of hockey from free TV. With the normalization of over-the-top streaming services and the rising cost of sports rights, Rogers is positioning its media division as a premium offering, particularly as it moves toward full ownership of Maple Leaf Sports and Entertainment.
business
Rory McIlroy Warns Against ‘Track 2’ Demotion for Historic Canadian Open
Rory McIlroy advocates for the RBC Canadian Open’s elite status as the PGA Tour prepares for a major ‘Track 1’ and ‘Track 2’ restructuring by 2028.

The Future of the Canadian Open Amidst PGA Tour Realignment
As the PGA Tour prepares for a massive structural overhaul scheduled for 2028, golf icon Rory McIlroy is sounding the alarm regarding the status of one of the sport’s most storied events. Despite skipping this year’s RBC Canadian Open to prepare for the U.S. Open at Shinnecock Hills, McIlroy remains a vocal advocate for the tournament, insisting it must maintain its elite status under the tour’s proposed ‘Track 1’ and ‘Track 2’ system.
The Two-Tiered Dilemma
The PGA Tour’s upcoming restructuring is expected to divide tournaments into two distinct tiers. Track 1 events will feature the top 120 players and prize funds exceeding $30 million, while Track 2 is being viewed by some as a secondary circuit. McIlroy was blunt in his assessment of the latter. "Track 2 is a glorified Korn Ferry event," McIlroy stated. "I don’t think the Canadian Open should be one of those." The Northern Irishman emphasized that the Canadian Open is the third-oldest event on the tour, trailing only the Open Championship and the U.S. Open in historical significance.
Financial Hurdles and Sponsorship Stability
The primary barrier to securing Track 1 status remains the significant financial commitment required from sponsors. RBC, which currently titles both the Canadian Open and the RBC Heritage, faces a steep price tag to keep both events in the top tier. Reports suggest that a move to Track 1 would require a $30 million investment per event. To mitigate these costs, the tour may look toward a multi-partner sponsorship model, similar to the strategy employed by The Players Championship.
The Cost of Elite Status
While moving to Track 1 would guarantee a field of global superstars, it poses a threat to the tournament’s national identity. A more exclusive field would likely eliminate many of the sponsor invites and qualifiers currently used by Canadian golfers. Nick Taylor, the 2023 champion, expressed concern over the potential 80 percent reduction in Canadian participants, noting that the goal is to balance the "best product" with the tournament’s heritage.
McIlroy’s Reflection on the LIV Era
Reflecting on the industry’s turbulence, McIlroy noted that the pre-LIV Golf structure of the tour was more robust than previously acknowledged. "The old ways of the PGA Tour weren’t actually that bad," he remarked, suggesting that the "false economy" created by competition with LIV has forced the tour into radical changes that may have unintended consequences for historic events like the Canadian Open.
business
CFL Scores Historic $500 Million Media Rights Deal with Bell Media, DAZN, and YouTube
The CFL has signed a historic 6-year, $500M media deal with Bell Media, DAZN, and YouTube, expanding its reach through 2032 with new streaming and global rights.

A New Era for Canadian Football
The Canadian Football League (CFL) has secured its financial future and digital footprint through 2032, announcing a landmark six-year broadcast extension worth an estimated $500 million. Commissioner Stewart Johnston, a former TSN executive, spearheaded the multi-platform agreement that keeps Bell Media as the primary rights holder while introducing major streaming and social media components to modernize the league’s reach.
Bell Media Maintains Majority Coverage
Under the new terms, Bell Media remains the cornerstone of CFL broadcasting. TSN will continue to air 60 regular-season games annually, including the popular Thursday and Friday night slots, along with six playoff matchups and the Grey Cup. In a move to increase accessibility, the Grey Cup will also be simulcast on CTV and Crave. RDS will maintain its exclusive French-language rights, ensuring comprehensive coverage for Montreal Alouettes fans and the Quebec market.
The Digital Shift: DAZN and YouTube
The most significant evolution in this deal is the entry of DAZN as an exclusive partner for a weekly “Saturday Night Football” package starting in 2027. DAZN will also serve as the global broadcaster for all CFL games outside of Canada and the United States, providing the league with an unprecedented international platform. Commissioner Johnston emphasized that DAZN plans to establish a full domestic production team, bringing new voices and creative perspectives to the game’s analysis.
Complementing the streaming shift is a strategic partnership with YouTube. The platform will become a hub for live pre-season games, enhanced coverage of the CFL Combine, and original unscripted series. By leveraging YouTube’s creator ecosystem, the CFL aims to attract younger demographics through behind-the-scenes storytelling and influencer-driven content.
Economic Impact and Strategic Growth
At roughly $83 million per year, the new agreement represents a significant jump from the previous $50 million annual average. While the league continues to explore broadcast options in the United States to replace its expiring CBS Sports Network deal, this domestic and global triad provides the CFL with its highest media valuation in history. By diversifying distribution across traditional cable, premium streaming, and free social platforms, the league is betting on a hybrid model to sustain its legacy while fueling future growth.
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