Talent Fund reaps the tangible benefits from Bell, Corus acquisitions

MONTREAL - Telefilm Canada said Thursday that more than $14 million in private contributions has been raised by its Talent Fund in support of the Canadian feature film industry.Officially recognized by the CRTC as a certified independent production fund and administered by Telefilm Canada, The Talent Fund helps to finance the production, distribution and marketing of Canadian feature films.The majority of funds came via acquisitions made by Bell Media for Astral and Corus Entertainment for Historia, Séries+ and Teletoon. The two broadcasters contributed $8 million and $5.7 million, respectively, to the Talent Fund over the next seven years, under the CRTC’s Tangible Benefits...