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During the 2021 broadcast year, 28 ethnic radio services reported a 6.0% increase in revenues compared to the 2020 broadcast year whereas the 119 ethnic discretionary television services incurred a revenue decline of 23.1%.
In regard to television services, in 2019-2020, discretionary services generated the most revenues at $3.7 billion and reported a profit before interest and taxes (PBIT) of 25.1%. The PBIT for private conventional television stations remained negative (-18.6%) in 2019-2020.
- 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).
Aug 26, 2022 · The CRTC’s annual highlights of the 2020-2021 broadcasting sector shows the effects of significant declines to traditional commercial broadcasting sectors’ advertising revenues. But it also suggests a small rebound closer to pre-pandemic levels in some areas.
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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