CMF triggers $1.4B in production activity, says annual report

From a media release:

The Canada Media Fund(CMF) released today its bilingual annual report for the 2015-2016 fiscal year. The report outlines the CMF’s role in supporting Canada’s audiovisual industry, as a driver of Canada’s growing digital economy. Click here to access the 2015-2016 CMF Annual Report.

As detailed in the report, the CMF provided $371.7M in funding to Canadian television and digital media projects in 2015-2016. A total of 541 television and related digital media productions were supported through its Convergent Stream, and 104 innovative and interactive digital media projects through its Experimental Stream. This investment in Canada’s audiovisual content industry triggered a total of $1.4B of production activity, an 8.4 per cent increase from the previous year.

In 2015-2016, the CMF pursued with its objective of developing international opportunities for Canadian producers by renewing or developing new international incentives encouraging codevelopment and coproduction of content between Canadian and international producers. Agreements were renewed with Belgium, Brazil, and New Zealand, while new agreements were developed with Australia and Italy.

In addition to its financial support, the CMF continued to provide valuable industry intelligence to stakeholders. In 2015-2016, the CMF published 10 research reports, as well as 67 blog posts on CMF Trends.

The annual report also provides information on a number of CMF initiatives designed to promote the success of Canadian content, including national red carpet events throughout the country and international partnerships and participation at events in Brazil, Colombia, France, India, Ireland, Italy, Mexico, the United Kingdom, and the United States. The CMF, along with Telefilm Canada and the Canadian Media Producers Association, continued their support of the Eye on Canada initiative by building on the content available to Canadian and international audiences through Eyeoncanada.ca.

The online annual report has a feedback section, inviting visitors to the site to share their views and comments on the report. This valuable input will help shape the way the CMF reports on its activities.

Facebooktwitterredditlinkedinmail