Mass subscriber exodus to digital channel a long way off, says report

TORONTO – With digital channels only beginning to report positive EBITDA in 2007, and analog subscription revenue growth intact, the much anticipated mass exodus to digital channels still is more a dream than a reality, according to a report by Genuity Capital. The report by Genuity Capital’s Carl Bayard also found based on last year’s numbers that: - CRTC channel-by-channel data reveals that while the industry is no undergoing change, the pace of change is less dramatic than might be assumed. - The most lucrative areas of sports and children’s programming continue to outperform on an absolute revenue basis and also...