May 6, 2014 – Ottawa – Gatineau – Canadian Radio-television and Telecommunications Commission (CRTC)
The Canadian Radio-television and Telecommunications Commission (CRTC) today released statistical and financial information on Canadian local television stations for the broadcast year ended August 31, 2013.
In 2013, private stations invested $605.4 million in the creation of programs made by Canadians, including local news and drama series, and employed over 6,000 people. The Canadian Broadcasting Corporation/Société Radio-Canada (CBC/SRC) invested an additional $700.8 million in this type of content. In total, local television stations spent more than $1.3 billion to fund the creation of new Canadian programs for viewers.
Canada’s local television stations continued to operate within a challenging advertising market. Private stations brought in $74.7 million less in advertising revenue, which contributed to a 4.6% decrease in overall revenues from $2.04 billion in 2012 to $1.94 billion in 2013. For its part, CBC/SRC reported $331 million in advertising revenues in 2013, an 11% decrease from the $372.7 million generated in 2012.
Each year, the CRTC compiles financial data on Canadian broadcasting and telecommunications sectors to produce a series of reports. The CRTC has published similar reports for specialty, pay and pay-per-view services, and video-on-demand services.
The CRTC will soon publish the financial results for cable and satellite companies and AM and FM radio. Following the publication of these reports, the CRTC will issue its annual Communications Monitoring Report.
These annual reports help interested parties to stay informed about the state of the Canadian communication industry and to participate in the CRTC’s public consultations.
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