Telefilm suspends use of success index, resumes national consultation

TORONTO/MONTREAL — Due to Covid-19’s negative impact on the Canadian feature film industry, Telefilm Canada is suspending any further use of its Success Index for the 2020-2021 fiscal year, Telefilm announced in an industry advisory on Monday. Telefilm Canada’s Success Index has been used to measure the success of films financed by the funding body, based on three weighted types of success: commercial, cultural and industrial. In addition, the Success Index also constitutes the individual company scores which determine some automatic financing amounts for the following fiscal year, and therefore Telefilm is moving all automatic financing decisions to a selective...