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The profitability of two commercial broadcasting sectors decreased slightly in the 2021 broadcast year. BDU operating margins were down 0.7 percentage points to 14.2% and the Discretionary sector profit before interest and taxes (PBIT) was lower by 0.1 percentage points to 24.2% from the 2020 broadcast year.
The radio sector experienced the steepest year-over-year decline in revenues of all broadcasting sectors in 2019-2020, with a decline of 20.9% from 2018-2019. This dramatic decline was felt across all regions of the country, with Quebec showing the smallest decline at 16.7% and Ontario the largest at 23.4%.
- Commercial Stations
- CBC Radio
- Private Commercial Stations
- CBC Conventional Television
- Educational Stations
Significant declines in advertising revenue due to the various impacts of the COVID-19 pandemic in the second half of the 2020 broadcast year have resulted in a significant decline of commercial radio station revenues in 2020. The -20.9% year over year decline in radio revenues is more than eight times the 5 year Compound Annual Growth Rate (CAGR) ...
In contrast to commercial radio, CBCradio which has no reliance on advertising revenues, did not suffer the same impacts from COVID-19. 1. In 2020, CBC Radio saw revenues increase by 3.6% over 2019, mainly due to a larger allocation of CBC’s parliamentary appropriation.
The PBIT for commercial television stations declined from -$109 million in 2019 to more than -$247 million in 2020, or a PBITmargin of -18.6%. This was mostly due to significant reductions in advertising revenues resulting from the effects of the COVID-19 pandemic on the broadcasting industry. 1. Revenues for commercial stations decreased by $222 m...
CBCconventional television, which derive the vast majority of its revenues from both advertising and the parliamentary appropriations, fared better than commercial television stations during the pandemic, posting reduced revenues of -2.2%, which is less than the -10.9% reduction in revenues reported in 2019 (note that Olympic games were held in 201...
Contrary to the other conventional television stations, educational stations reported an increase in CPE in 2020. With revenues totalling $189 million, the educational stations spent $69 million on CPE, an increase of 4.6% over 2019. With less reliance on advertising revenues than private commercial stations, discretionary and on-demand services we...
In 2020-2021, CBC/Radio‑Canada recognized $1,394M of government funding (73.4% of total revenue and other sources of funds), and $504M of self-generated revenue (26.6% of total revenue and other sources of funds). Self-generated revenue comprised $254M of advertising revenue (50.4% of total self-generated revenue), $124M of subscriber fees ...
Aug 26, 2022 · The report shows total broadcasting revenues at $20.8 billion for the 2021 broadcasting year ending Aug. 31, compared to $15.8 billion during the 2019-2020 broadcast year. The bulk of the revenue — $7.8 billion or 38% — was from BDUs such as Rogers and Bell, which provide subscription television services to Canadians and distribute conventional television, discretionary and on-demand services.
Aug 26, 2022 · The report shows total broadcasting revenues at $20.8 billion for the 2021 broadcasting year ending Aug. 31, compared to $15.8 billion during the 2019-2020 broadcast year. The bulk of the revenue – $7.8 billion, or 38% – was from BDUs such as Rogers and Bell, which provide subscription television services to Canadians and distribute conventional television, discretionary and on-demand ...
Statistical and financial data compiled from Canadian broadcasting entities. Publisher - Current Organization Name: Canadian Radio-television and Telecommunications Commission. Licence: Open Government Licence - Canada.
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