CMF awards $16M to 36 Canadian projects

TORONTO - The Canada Media Fund (CMF) is investing more than $16 million in 36 innovative projects that were submitted as part of the second round of its 2011-2012 Experimental Stream. The organization said that it received more than 175 applications before allocating approximately $4 million dollars in development support, $12 million in production support, and more than $300,000 in marketing support. “The Canada Media Fund is pleased to invest in projects that continue to set the standard for innovation across Canada and the world,” said president and CEO Valerie Creighton, in a news release. “We saw an increase in the number...