From a media release:
The Canadian Radio-television and Telecommunications Commission (CRTC) today released statistical and financial information on Canadian conventional television stations for the broadcast year endingÂ August 31, 2015.
In 2015, there were 93 private conventional television stations in operation inÂ Canada, which generated total revenues ofÂ $1.76 billion. These stations continued to operate in a challenging environment, with total revenues declining 2.6%, orÂ $46.6 million, from 2014.
To meet the objectives of theÂ Broadcasting Act,Â the CRTC requires most television broadcasters to spend a minimum percentage of their revenues on content made by Canadians. In 2015, private conventional television stations investedÂ $652.8 millionÂ in Canadian programing, a 5.4% (orÂ $33.5 million) increase from 2014.
Investments in Canadian programming have grown consistently over the last five years as conventional televisions stations spent 16% more in 2015 than in 2011. These investments accounted for 49.8% of total programming expenses in 2015, up from 43.6% in 2011. Of note, private conventional television stations spentÂ $60.9 millionÂ less on foreign programming in 2015 compared to 2014, primarily due to a reduction in spending on drama.
The Canadian Broadcasting Corporation/SociÃ©tÃ© Radio-Canada (CBC/SRC) reported total revenues ofÂ $1.1 billionÂ in 2015, down 16.6%, orÂ $220.9 million, from the previous year.
AsÂ Canada’sÂ public broadcaster, the CBC/SRC continued to invest heavily in Canadian programming. In 2015, these investments totaledÂ $557.2 million, accounting for 96.4% of the CBC/SRC’s total expenditures on programming. In particular, spending on news ($190.9 million) and drama ($144.1 million) accounted for 60.1% of its total expenditures on Canadian programming.
Conventional television stations employed 10,995 people in 2015, with the CBC/SRC employing 5,205 people.
Each year, the CRTC compiles financial data on the Canadian broadcasting and telecommunications sectors to produce a series of reports. To increase Canadians’ access to relevant information related to the Canadian broadcasting system, this year’s publication on conventional television stations includes the amount they spent on animation and children’s programming.
The CRTC recently published the financial results forÂ AM and FM radio stationsÂ and will soon publish the results for the specialty, pay, pay-per-view and video-on-demand services, as well as cable and satellite companies. Following the publication of these reports, the CRTC will issue its annualÂ 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.
- Private conventional television stations saw their revenues drop by 2.6%, fromÂ $1.80 billionÂ in 2014 toÂ $1.76 billionÂ in 2015.
- Expenses went fromÂ $1.85 billionÂ in 2014 toÂ $1.82 billionÂ in 2015, a decrease of 1.6%.
- Profits before interest and taxes (PBIT) declined from –$138.7 millionÂ to –$140.9 million, and the PBIT margin decreased from -7.7% to -8%.
- Investments by private conventional television stations in Canadian programming increased fromÂ $619.3 millionÂ in 2014 toÂ $652.8 millionÂ in 2015.
- Private conventional television stations investedÂ $49.6 millionÂ on Canadian drama series,Â $5.3 millionÂ on films,Â $86.7 millionÂ on human interest programs,Â $369.6 millionÂ on news programs,Â $7.3 millionÂ on long-form documentaries,Â $30 millionÂ for other information programs,Â $17.1 millionÂ for music and variety shows,Â $21.5 millionÂ on sports programming,Â $17.3 millionÂ on game shows,Â $45 millionÂ on reality TV shows,Â $2.7 millionÂ on awards shows,Â $358,000Â on animation programming andÂ $343,000Â on children’s programming.
- As part of these investments, conventional television stations paidÂ $142.1 millionÂ to Canadian independent producers.
- Revenues from the sale of local advertising declined fromÂ $333.6 millionÂ in 2014 toÂ $330.1 millionÂ in 2015, a 1.0% decrease. National advertising revenues for private conventional television stations remained virtually unchanged atÂ $1.2 billionÂ in 2015.
- In 2015, the CBC/SRC reported advertising revenues ofÂ $220.1 million, which represented a decline of 53.6 % from theÂ $474.6 millionÂ generated the previous year.
- The absence of major sporting events in 2015 coupled with the loss of the NHL television rights contributed to the decline in advertising revenues.
- The amount of Parliamentary Appropriation allocated to the 27 conventional television stations rose by 4.4% toÂ $757.9 millionÂ in 2015.
- The CBC/SRC’s program expenditures totaledÂ $687.3 million; of that amount,Â $557.2 millionÂ (or 81.1%) were expenses related to Canadian programming expenses.
- The public broadcaster also spentÂ $9 millionÂ on animation programming, andÂ $33.8 millionÂ on programming targeting children.