Cable & Telecom

Profits up in DTH, but cable still leads the way

OTTAWA-GATINEAU – Led by cable, broadcasting distribution companies in Canada saw their revenues increase by more than $1 billion in 2010, according to CRTC data released Thursday.The combined revenues for cable, satellite and multipoint distribution companies rose from $11.4 billion in 2009 to $12.5 billion for the year ended August 31, 2010.The TV service providers collectively contributed $367.9 million to Canadian programming - $189.1 million to the Canadian Media Fund, $52.3 million to independent funds, and $126.5 million to cable community channels and other sources of local expression.  An additional $100.7 million was contributed to the Local Programming Improvement Fund (LPIF)...