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/ 03.19.2010 7:00AM
Canadian Broadcasters Posted Red Ink in ’09
VANCOUVER: Profit margins for privately held broadcasters
in Canada fell nearly six percent last year, the Canadian Radio-television and
Telecommunications Commission said in its annual report. Total revenues for
broadcast TV stations fell 7.9 percent between Sept. 1, 2008 and Aug. 31, 2009.
Revenues declined from C$2.14 billion to C$1.97 billion. Broadcasters were said
to lose a collective C$116.4 million before interest and taxes, producing a
profit hit of 5.9 percent. For the prior year, the broadcasters, including CTV
and Global, posted C$8 million in profit before taxes and interest--a wee
profit margin of 0.4 percent.
As with the U.S. market, a decline in ad revenues led to the loss. Local and
national advertising fell 10 percent each. At the same time, revenue for
non-broadcast TV providers climbed to C$11.4 billion, up C$1.1 billion from the
previous year, prompting broadcasters to seek carriage fees for TV signals, the
CBC
News reports. The arrangement would be similar to retransmission fees
in the United States. The CRTC is said to be issuing a decision on carriage fees
on Monday.
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Wednesday 12:00AM
Managing Storage System Overhead
With the emergence of modern workflows, overall system capacity, control and performance continues to be challenged as users strive to achieve maximum performance with minimum cost.