CRTC asks for comment on CAB’s proposal for ‘Commercial Radio News Fund’

By Ahmad Hathout The CRTC has launched a proceeding into the planned operation of a temporary fund intended to put base contribution money from streamers toward the programming of commercial radio broadcasters outside of major metro markets. The Canadian Association of Broadcasters (CAB) was required to file to the CRTC a detailed operational plan for the so-called Commercial Radio News Fund (CRNF), which will handle money from the five per cent base contribution large foreign and standalone Canadian streamers are required to put into the broadcasting system to float key programming, including local news. The target markets for the fund...