Broadcasting revenue declines 6.6% in 2019-2020, still ahead of OTT, CRTC says

GATINEAU – Revenue from Canadian broadcasting services declined 6.6% to $15.8 billion in 2019-2020 compared to 2018-2019, the CRTC says. This is highlighted in the broadcasting portion of the CRTC’s Communications Market Report (CMR; formally the Communications Monitoring Report), released last month, which covers the broadcast year spanning from Sept. 1, 2019, to Aug. 31, 2020, and as such includes around six months of the Covid-19 pandemic. The $15.8 billion in revenue does not include revenues from Internet-based services, known as over-the-top services (OTT), operating under the CRTC’s digital media exemption order. Over half of the revenues were generated by...