2017 broadcasting revenues of $17.3 well ahead of OTT: CRTC CMR

OTTAWA-GATINEAU – Amidst a plethora of over-the-top options for video and audio content, Canadian broadcasting services generated total revenues of $17.3 billion in 2017, down 3.3% from 2016, the CRTC said Wednesday.In the broadcasting portion of its 2018 Communications Monitoring Report (CMR), the Commission said that broadcasting distribution undertakings (BDUs), such as cable, satellite and IPTV distributors, generated almost half (49.4%) of the total revenues, with $8.5 billion reported in 2017. That was followed by television services with $6.9 billion (40.1%) and radio stations with $1.8 billion (10.5%).The revenues of Internet-based audio and video services (a.k.a. OTT services) are excluded from...