Specialty, pay, PPV and VOD revenue in 2012 hits $3.97 billion: CRTC report

GATINEAU – Canadian specialty, pay, PPV and VOD television services generated revenues of $3.97 billion in 2012, an increase of 5.9% over the $3.75 billion earned the previous year, according to the CRTC’s statistical and financial report for this sector released today. National advertising revenues for this group increased for a third consecutive year to $1.23 billion, although its 2.4% growth is significantly less than the 10.1% increase from the previous year. In addition, subscriber revenues exceeded $2.6 billion. Revenues for these television services have climbed by 35.4% over the past five years to reach nearly $4 billion in 2012....