CRTC Report Tracks Audience Shifts In Broadcast Media
Revenues for Canada’s broadcasters fell to $17.3B, a 3.3 percent decline over 2016, according to data released by the Canadian Radio-television and Telecommunications Commission based on corporate
By David Farrell
Revenues for Canada’s broadcasters fell to $17.3B, a 3.3 percent decline over 2016, according to data released by the Canadian Radio-television and Telecommunications Commission based on corporate filings for the year ended Aug. 31, 2017.
Commercial radio stations posted a 1.9 percent decline in revenue to $1.52B in the 12-month period; however, many stations programming in languages other than English and French saw revenue rise more than 5 percent. The regulator notes in its findings that the overall margin for commercial radio has remained stable with a PBIT between 18.5% and 18.9% in each of the last four years.
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