Radio / Television News

Specialty revenue equals broadcast


OTTAWA – For the first time ever, the amount of revenue earned by Canadian pay and specialty services has pulled even that earned by conventional broadcasters in fiscal 2005. According to the CRTC's annual Broadcasting Monitoring Report, total revenues for English-language private conventional services in 2005 were $1.764 billion, nearly the same as the $1.761 billion brought in by Canadian specialty and pay channels. In 2004, their revenues were $1.693 and $1.637 billion respectively. Where specialty really has convention beat is in the margins. Conventional stations saw their profit before interest and taxes margins in 2005 hit 11% where for...