Table of Contents 6 2012 OVATION Awards Winning Entries
6. 2012 OVATION Awards Winning Entries - IABC/Toronto
6. 2012 OVATION Awards Winning Entries - IABC/Toronto
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celebratory program element. Through a well‐planned media relations strategy and providing marquee<br />
event support, Edelman Canada was able to surpass the original program metrics goals with an<br />
additional 23 pieces <strong>of</strong> coverage and more than 15‐million media impressions – a fitting 40th<br />
Anniversary accomplishment<br />
<strong>OVATION</strong> <strong>Awards</strong> <strong>Winning</strong> Entry<br />
Communication Management<br />
Media Relations with budget greater than $50,000 up to $100,000<br />
AWARD OF MERIT<br />
Entrant’s Name: Deborah Allan, Director, Communications and Media Relations and Daniel Madge, Account<br />
Director<br />
Organization’s Name: Ontario Teachers’ Pension Plan and Fleishman‐Hillard Inc.<br />
Division/Category: Media Relations (between $50K and $100K)<br />
Title <strong>of</strong> Entry: Sale <strong>of</strong> Maple Leaf Sports and Entertainment<br />
Time Period <strong>of</strong> Project: March 2011 – December 2011<br />
1. Business Need/Opportunity:<br />
The Ontario Teachers’ Pension Plan (Teachers’) is the largest single‐pr<strong>of</strong>ession pension plan in Canada.<br />
With $107.5 billion in net assets at December 31, 2010, Teachers’, an independent organization, invests<br />
the pension fund’s assets and administers the pensions <strong>of</strong> 295,000 active and retired teachers in<br />
Ontario.<br />
One <strong>of</strong> Teachers’ highest pr<strong>of</strong>ile investments is its majority ownership <strong>of</strong> Maple Leaf Sports and<br />
Entertainment (MLSE), which it has owned in part since 1994. MLSE is likely the most iconic sports<br />
property in Canada. It owns and operates four pr<strong>of</strong>essional sports franchises (Toronto Maple Leafs<br />
National Hockey League team; Toronto Raptors National Basketball Association team; Toronto FC Major<br />
League Soccer team; and Toronto Marlies American Hockey League team) and the Air Canada Centre (a<br />
sports and entertainment venue). The company also owns broadcasting operations, and retail and real<br />
estate developments.<br />
Based on a number <strong>of</strong> unsolicited approaches during 2010 and early 2011 by potential buyers, Teachers’<br />
began a confidential process to review their ownership in MLSE. The culmination <strong>of</strong> this review was<br />
Teachers’ decision to sell its stake in MLSE to Rogers Communications (Rogers) and Bell Canada<br />
Enterprises (Bell) for C$1.32 billion, which was announced at a joint press conference on December 9,<br />
2011.<br />
Teachers’, which holds positions in a vast number <strong>of</strong> fixed income, equity, commodity and real asset<br />
investments, for the most part flies under the radar as an investor. The major exception to this rule was<br />
MLSE, where Teachers’ ownership position is well‐known. Because the sports franchises are so beloved<br />
by their fans, Teachers’ performance as owners has been chronicled and scrutinized by the sports media<br />
and in the blogosphere.<br />
Teachers’ reputation was, for some, inexorably tied to MLSE’s sports franchises. By considering the sale<br />
<strong>of</strong> MLSE, Teachers’ was putting several revered Toronto sports teams up for auction. The sale was<br />
bound to produce strong reactions from media and fans, and how the communications were handled