CMF leveraged more than $1.3 billion in production volume in 2011/12 - releases annual report

TORONTO - The Canada Media Fund (CMF) says its program budget helped trigger more than $1.3 billion in production volume in 2011/12, according to its just-released online annual report that outlines its role in shaping Canada’s creative economy and digital future. “The Canada Media Fund achieved unprecedented funding levels that enabled us to build on the previous year’s successes and to continue to provide valuable and measurable support to Canada’s television and digital media industry,” said Valerie Creighton, President and CEO in a statement. “The overall program budget dedicated to the creation of Canadian screen-based media in 2011-2012 triggered more...