Canadian media landscape set to evolve in OTT, D2C world: report

RECENT MOVES BY GLOBAL MEDIA PLAYERS to go over-the-top (OTT) and direct-to-consumer (D2C) mark a tipping point for the media industry and could have profound, long-term implications for the Canadian media landscape, says a Bay St. analyst.A research report by BMO Capital Markets telecom/media/cable financial analyst Tim Casey notes that Canada’s traditional television broadcasters, (whose business models rely on “reselling” content from Hollywood), are at a greater risk than television distributors (BDUs) who offer broadband service, which he describes as “a natural business hedge against changing viewing habits”.“Television distribution is a lower-margin business compared with broadband given roughly half the revenue is...