How can CBC compete with digital giants' content budgets? "The answer is we can not," says CEO Tait

By Greg O'Brien TORONTO – CBC/Radio-Canada president and CEO Catherine Tait recently asked her colleagues for a tally of what the likes of Netflix, Hulu, Disney+, Apple+ and others are spending on content this year. “The number exceeds $50 billion,” she told attendees at a Canadian Club luncheon in Toronto on Tuesday. When asked by businesswoman and Dragon Arlene Dickinson how CBC can compete with such massive content budgets, Tait responded, to some laughter in the audience (since her reply is rather self-evident), “The answer is we can not.” “We can not compete on a dollar-for-dollar basis,” she confirmed, adding...