Posted: Wednesday September 26, 2012 4:47 PM

Canadian TV will take big hit with long lockout

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TORONTO (AP) - Canadian television networks stand to lose broadcasts that attract millions of viewers and generate millions of dollars in advertising revenue if the NHL lockout extends into the regular season.

CBC President Hubert Lacroix acknowledged this week that a delayed or canceled season would be "a cash flow challenge for us.''

While Lacroix said CBC has "replacement programming'', it's still not fully clear how networks will fill the void created by a lockout.

This is the NHL's fourth work stoppage in 20 years. Preseason games for September already have been called off. The regular season is scheduled to begin Oct. 11.
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