Here are a few interesting quotes from the article:
"Bell Media and the CBC have abandoned a joint effort to land media rights to the 2014 and 2016 Olympic Games, raising the possibility that Canada could be without a domestic broadcaster for one of the world’s most-watched sporting events."
"CBC spokesman Chuck Thompson said the public broadcaster is taking a step back for now, but may consider making a solo bid in the future."
"If the cash-strapped corporation chooses to do so, it could face little competition."
"A spokesman for Bell Media, which owns CTV and TSN, said the company will not pursue the Games further. Rogers Communications, which owns Sportsnet, has already passed."
"Though it may be a long shot, the CBC could seek a partnership with Shaw Communications, the Western Canadian cable provider, to make another run at a joint Olympics bid. It’s also possible a web-based company like Yahoo Inc. could step in and make a bid to broadcast the games to a Canadian audience online, analysts say."
“It’s not unrealistic at all,” said Powers, “that an online provider would pick this up and really do well with it.”