Radio / Television News

Ontario’s film, TV production industry notches best year ever

TORONTO – Ontario’s film and television industry haid ts best year ever in 2011 after contributing $1.26 billion to the provincial economy, a 31% ($300 million) jump over its 2010 figures, the Ontario Media Development Corporation said Tuesday. The increase was led by domestic spending which accounted for $852.1 million in total, a 32% increase over last year’s figure of $646.2 million. Foreign spending was up 30% to $412.9 million from $318.1 million in 2010. OMDC president and CEO Karen Thorne-Stone noted that the rise came despite the continued strength of the Canadian dollar, aggressive competition from other jurisdictions, and...