CMF invests $13 million in 47 projects

TORONTO – The Canada Media Fund today announced 47 projects would receive a total of over $13 million in development and production funding through four of its programs. The Commercial Projects Program funds digital media projects that have a high probability of commercial success. Projects are evaluated based on their potential to attain stated commercial objectives, demonstrate business opportunity and achieve profitability, reads the press release. The Fund will invest $8.2 million in the production of nine digital media projects, including seven games and two software applications. Two projects are from Ontario, six are from Quebec and one from Alberta....