Commission responds to broadcasters’ plea for help dealing with Covid fallout

GATINEAU – The CRTC today called for comments on a Canadian Association of Broadcasters application submitted in July which predicts dire consequences for Canadian radio and TV broadcasters if they don’t get relief from certain regulatory requirements. “March saw overall advertising revenue declines of 14.6% in private TV and 17.5% in radio, as advertising began plummeting mid-month; Private TV saw 46.4% advertising declines in April and 50.4% declines in May; Private radio saw declines of 65.5% in April, 67.3% in May and 56.9% in June; and pacing for the remainder of the summer projects revenue declines of 40-50% through August...