Radio / Television News

Broadcasters rolling in the dough and not sharing, say producers

OTTAWA – Research released Monday – a week before the Canadian Association of Broadcasters annual convention - by the Canadian Film and Television Production Association says that changes to the financing policy infrastructure have heavily tipped the scales in favour of Canada's broadcasters. "Between 2000 and 2002 Canadian film and television producers earnings before taxes dropped from 6.7% to 1.6%," said Ira Levy, CFTPA chair. "In comparison large broadcasters have maintained a consistent rate of profitability well in excess of overall Canadian industry averages." The figures are part of an analysis the CFTPA commissioned from the Nordicity Group Ltd. examining...