Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against RCI Hospitality Holdings, Inc. due to allegations of violations of federal securities laws and unlawful business practices [1][2]. Investigation Details - The investigation centers on whether RCI issued false or misleading statements and failed to disclose important information to investors [2]. - A Reuters report indicated that RCI and five executives were indicted for their involvement in a 13-year bribery scheme to evade millions in New York sales taxes, leading to a share price drop of over 15.9% on the day of the news [2]. Next Steps - Investors who purchased RCI shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims [3]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in various types of litigation across the United States [4].

Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of RCI Hospitality Holdings, Inc. due to possible violations of federal securities laws, which may allow investors to recover losses from alleged misconduct by the company and its executives [1] Company Summary - On September 16, 2025, the New York Attorney General announced 79 charges against RCI Hospitality Holdings, five of its executives, and three of its Manhattan-based strip clubs, including conspiracy, bribery, and criminal tax fraud related to an alleged decade-long scheme to bribe a government tax auditor to avoid over $8 million in sales tax [3] - The indictment claims that RCI executives provided the auditor with trips, cash, and other benefits in exchange for favorable settlements on sales tax audits, with one instance reducing a $3 million tax liability to just $350,000 [3] - Following the announcement of the charges, RCI Hospitality's shares fell as much as 16% during regular trading, reaching their lowest level in over five years, and declined an additional 4.5% in after-hours trading [3]

Core Viewpoint - RCI Hospitality Holdings, Inc. is currently under investigation for potential securities fraud violations, which may have significant implications for the company's operations and investor confidence [1] Company Summary - The investigation is being conducted by the DJS Law Group, indicating potential legal challenges ahead for RCI Hospitality Holdings, Inc. [1]

Core Insights - Rogers is launching the latest iPhone generation, Apple Watch Series 11, and AirPods Pro 3, featuring advanced technology and improved durability [1][2][3] Product Launch Details - Pre-orders for the new iPhone models start on September 12, with availability on September 19; Apple Watch and AirPods Pro 3 will also be available on September 19 [2] - The iPhone 17 series includes four models: iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max, all featuring advanced camera systems and improved battery life [1][5][7] - Apple Watch Series 11 offers sleep score tracking and enhanced battery life, while AirPods Pro 3 boasts superior sound quality and noise cancellation [10][13] Network and Service Offerings - Rogers promotes its 5G+ network as the most reliable in Canada, covering over 2,500 communities [3][4] - The company offers family plans with additional line discounts and exclusive perks, such as cashback on purchases and discounts on roaming services [3][4] Technical Specifications - iPhone 17 features a 48MP Dual Fusion camera system, ProMotion display up to 120Hz, and Ceramic Shield 2 for enhanced scratch resistance [5] - iPhone Air is the thinnest model with a new design powered by Apple silicon, featuring the A19 Pro chip for efficiency [6] - iPhone 17 Pro models support ProRes RAW and genlock for advanced video capabilities [7][8] - Apple Watch Ultra 3 includes satellite communications for emergency messaging and superior GPS accuracy [11] Health and Fitness Features - Apple Watch Series 11 enhances health tracking with sleep insights and a robust suite of health features [10] - AirPods Pro 3 introduces heart rate sensing and workout tracking capabilities, along with Live Translation for multilingual conversations [13]

Group 1 - Rogers Communications Inc. is considered one of the most undervalued telecom stocks to invest in [1] - The company launched a new streaming bundle called Rogers Xfinity StreamSaver, which combines Netflix, Disney+, and Apple TV+ into a single subscription [1][3] - The StreamSaver bundle offers customers monthly savings of over 30% compared to subscribing to each service individually [2] Group 2 - The services in the StreamSaver bundle are integrated on the Rogers Xfinity entertainment platform, featuring an award-winning voice remote for seamless content access [2] - Customers can add the StreamSaver bundle to their existing Rogers Xfinity Internet and select TV plans, with an option to include a Rogers Xfinity Stream Box for enhanced viewing [3] - Additional content and savings can be obtained by adding Sportsnet+ to the bundle [3]

Summary of Rogers Communications FY Conference Call Company Overview - **Company**: Rogers Communications (NYSE: RCI) - **Event**: FY Conference held on September 09, 2025 Key Industry Insights - **Industry**: Telecommunications and Media - **Market Dynamics**: The wireless market is experiencing a growth rate of approximately 3% over the last rolling 12 months, primarily driven by increased penetration rather than population growth [18][19][23] Core Points and Arguments Wireless Market - **Back-to-School Season**: The promotional activity in the wireless market is described as less intense compared to previous years, which is seen as a positive sign for upcoming busy periods like Black Friday [17] - **Promotional Strategies**: Rogers is focusing on multi-line discounts, device subsidies, and bundling with home internet services to enhance value propositions beyond just pricing [19][21][22] - **Churn Rates**: Multi-line accounts have significantly lower churn rates, sometimes half that of single-line accounts, indicating a strategic shift towards encouraging multi-line subscriptions [20] - **Direct-to-Satellite Service**: Rogers has launched a beta service in partnership with Starlink, expanding coverage significantly across Canada. Initial demand has been strong, with plans to transition from text-only to data and voice services in 2026 [25][26][27] Cable Business - **Revenue Growth**: Following the acquisition of Shaw, Rogers has successfully turned a previously declining cable business into a positive revenue stream by implementing pricing discipline and expanding into small and mid-sized businesses [30][31] - **Fixed Wireless Access**: This service has allowed Rogers to reach homes without a wireline footprint, addressing approximately 40% of homes passed in Canada [31] - **Video Services**: The company is pivoting from traditional cable packages to include OTT services, which is expected to slow the decline in video subscriptions [34] Sports and Entertainment Strategy - **Investment in Sports**: Rogers aims to consolidate its sports assets, including a 75% stake in MLSE, to create a third pillar of growth alongside wireless and cable [38][39] - **Financial Strategy**: The company has reduced its leverage from 5.3 times to just above 3.5 times, allowing for potential future investments in sports assets [40][41] - **Valuation of Sports Assets**: The sports assets are estimated to be valued between $15 billion to $20 billion, with plans to monetize these assets to reflect their value in Rogers' share price [46][51] Additional Important Insights - **Partnerships and Market Position**: Rogers is strategically positioned in the Canadian market with a strong partnership with Starlink and a unique offering in direct-to-satellite services [29] - **Consumer Engagement**: The company has a relationship with approximately 40% of Canadians through its cable and wireless services, which increases to 85%-90% when including sports and entertainment [39] - **Future Outlook**: The focus remains on leveraging synergies between its various business segments to enhance overall growth and shareholder value [48][49] This summary encapsulates the key points discussed during the conference, highlighting the strategic direction and market positioning of Rogers Communications in the telecommunications and media industry.

Dividend Announcements - Alphabet, Becton, Dickinson, and Rogers Communications will trade ex-dividend on 9/8/25 for their upcoming dividends [1] - Alphabet will pay a quarterly dividend of $0.21 on 9/15/25, Becton, Dickinson will pay $1.04 on 9/30/25, and Rogers Communications will pay $0.50 on 10/3/25 [1] Expected Price Adjustments - Alphabet's dividend represents approximately 0.09% of its recent stock price of $231.10, leading to an expected price drop of 0.09% on 9/8/25 [2] - Becton, Dickinson is expected to open 0.55% lower, while Rogers Communications is expected to open 1.40% lower, all else being equal [2] Historical Dividend Analysis - Historical dividend data can provide insights into the stability of future dividends, which is crucial for assessing annual yield expectations [7] - Current estimated annualized yields are 0.36% for Alphabet, 2.20% for Becton, Dickinson, and 5.60% for Rogers Communications [7] Market Performance - On the day of the report, Alphabet shares are up about 9%, Becton, Dickinson shares are up about 0.7%, and Rogers Communications shares are up about 0.4% [8]

Core Points - Rogers is hosting the TIFF 50 Timescape event from September 5 to 7, celebrating the festival's 50-year history with interactive multimedia content and live performances [1] - The event is free and open to the public, taking place in Yorkville, Toronto [1] Schedule and Details - The event will run on September 5 from 4 p.m. to 10 p.m. ET, September 6 from 10 a.m. to 10 p.m. ET, and September 7 from 11 a.m. to 6 p.m. ET [6] - Media are invited to capture b-roll and photography during the event [2] - The programming includes live performances by the Casa Loma Symphony Orchestra and members of the E Street Band, as well as TIFF Short Cuts Film Q&A sessions [6][7]

Summary of Rogers Communications Conference Call Company Overview - **Company**: Rogers Communications (RCI) - **Date**: September 03, 2025 - **Speakers**: CEO Tony Staffieri, CFO Glenn Brandt Key Points Wireless Business - **Pricing Environment**: The pricing environment in Canada has seen a significant step down over the past 18-24 months, with little change despite fluctuations [3][4] - **Revenue Outlook**: Continued growth in service revenue is expected, with a focus on balancing market share and Average Revenue Per User (ARPU) [4][5] - **New Price Plans**: Implementation of new price plans has been successful, with a shift from data bucket sizes to other differentiating factors [5][6] - **Add-a-Line Strategy**: There is an opportunity to increase penetration in terms of lines per account, following the U.S. model [6][7] - **Roaming Value Proposition**: New constructs for roaming have been well received in the marketplace [7][8] - **Back to School Promotions**: Promotions during the back-to-school season were more price disciplined compared to previous years, indicating a stable pricing environment [8][9] Bundling Strategy - **Bundling Benefits**: The bundling of wireless and cable services is seen as a way to solidify customer relationships and reduce churn [17][19] - **Convergence Focus**: Future bundling strategies will focus on seamless integration of 5G and in-home WiFi [19][20] - **Market Expansion**: The acquisition of Shaw has allowed Rogers to expand its footprint and offer bundled services in new territories [20][21] Fixed Wireless Access - **Market Opportunity**: Fixed wireless access is aimed at covering the 40% of homes not served by cable, with a focus on rural areas [21][22] - **Sustainable Business Model**: The fixed wireless access model is viewed as sustainable, with network slicing technology ensuring no impact on mobile users [29][32] - **Growth Metrics**: The fixed wireless access is becoming increasingly material to net adds in the Internet segment [26][24] Satellite Mobile Service - **Launch of Service**: A satellite mobile service was launched in partnership with Starlink, with good initial demand [34][35] - **Market Coverage**: The service aims to cover areas with no existing cellular coverage, significantly increasing Rogers' market reach [36][39] - **Revenue Model**: The economic construct with Starlink is not a revenue share model but is expected to provide incremental margins [37][39] Cable Business - **Revenue Growth Strategy**: Post-acquisition of Shaw, the cable business is focused on organic growth, particularly in Internet services [44][50] - **Margin Improvement**: Margins have improved from 50% to 58-59% due to operational efficiencies and direct content purchasing [51][52] - **Business Segment Growth**: Strong growth is observed in the business segment, leveraging the expanded national footprint [48][50] Sports and Entertainment Assets - **MLSE Acquisition**: Rogers is consolidating its ownership of the MLSE assets, with a focus on maximizing value for shareholders [62][66] - **Valuation of Assets**: The estimated value of Rogers' sports and entertainment holdings is around CAD 15 billion, with significant cash flow potential [68][69] - **Leverage Management**: Progress in integrating Shaw has helped reduce leverage, allowing for strategic investments in sports assets [64][70] Future Outlook - **Capital Investment**: A gradual decline in capital intensity is expected, driven by revenue growth and reduced investment needs [55][57] - **Synergy Opportunities**: There are substantial opportunities for revenue and cost synergies from the integration of sports and entertainment assets [82][83] Additional Insights - **Market Position**: Rogers holds a competitive position in the Canadian market, leveraging its diverse service offerings to enhance customer relationships [42][44] - **Technological Advancements**: The company is focused on utilizing advanced technologies, such as AI, to enhance customer engagement and service delivery [80][81]

Core Insights - Rogers has launched the Xfinity StreamSaver, a new streaming plan that combines Netflix, Disney+, and Apple TV+ into one package, providing significant savings and convenience for customers [2][3] - The StreamSaver plan offers over 30% savings per month compared to subscribing to each service individually, enhancing the value proposition for consumers [3] Company Overview - Rogers Communications Inc. is a leading communications and entertainment company in Canada, publicly traded on the Toronto Stock Exchange and the New York Stock Exchange [8] - The company emphasizes its award-winning voice remote and reliable internet service as key features of the Xfinity entertainment experience [9] Product Features - StreamSaver can be added to Rogers Xfinity Internet and select TV plans, with the option to include a Stream Box for a fully integrated viewing experience [5] - Customers can also add Sportsnet+ to their StreamSaver plan for additional content [4] - The Ultimate TV plan with StreamSaver provides access to over 150 channels and a growing number of FAST channels, enhancing the entertainment options available [6] Availability - The Xfinity StreamSaver is currently available in British Columbia, Alberta, Saskatchewan, and Manitoba, with plans for a nationwide rollout later in the year [7]