Led by IPTV, BDU revenues rise 1.5% in 2014; subscriber growth flat: CRTC

OTTAWA-GATINEAU – Canada’s television service providers saw their overall revenues increase 1.5% in 2014 despite a dip in subscribers, according to the CRTC’s statistical and financial results for the industry released Thursday.Broadcast Distribution 2009–2013: Cable, Multipoint Distribution Systems and Direct-to-Home said that combined revenues grew from $8.8 billion in 2013 to $8.9 billion in 2014, while subscribers remained relatively flat over the period, decreasing from 11.5 million to 11.4 million for the year ended August 31, 2014.The revenues of cable and Internet Protocol Television (IPTV) service providers increased by a combined 3% from $6.3 billion in 2013 to $6.5 billion in 2014,...