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- Total broadcasting revenues in 2020 declined overall by -6.6%, with the commercial radio (-20.9%) and private conventional television (-14.3%) sectors being most impacted.
crtc.gc.ca/eng/publications/reports/branalysis/fin2020.htm
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Over 700 commercial radio stations reported combined revenues of $1,149 million in 2020, compared to $1,453 million in 2019. French-language radio stations reported the smallest decline in revenues (-15.4%) followed by Ethnic stations (-18.1%) and then English-language stations (-22.2%).
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.
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 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).
Jul 27, 2021 · Based on statistical and financial data provided for the broadcast year ended Aug. 31, 2020, total broadcasting revenues in 2020 declined overall by -6.6%, with the commercial radio (-20.9%) and private conventional television (-14.3%) sectors being most impacted.
Jul 19, 2021 · Commercial radio and private conventional television were hit the hardest by the pandemic impact on advertising revenues as Canadian broadcast revenues declined overall by 6.6% in 2020, according to new data released by the CRTC.
We have audited the consolidated financial statements of the Canadian Broadcasting Corporation and its subsidiaries (the Group), which comprise the consolidated statement of financial position as at 31 March 2022, and the consolidated statement of income (loss), consolidated statement of comprehensive income (loss), consolidated statement of ...
