What on earth are we going to do about local TV?

By Perry Hoffman

THERE CAN BE LITTLE DOUBT that local TV is in a difficult spot. Declining ad revenue, audience fragmentation and erosion, the challenges of digital platforms, a lack of a dual revenue stream and the list goes on. But what to do about it? Some argue for a complete revamp of the local TV funding approach, while others are saying the CRTC only need to give local broadcasters more flexibility to work within existing rules.The state of local TV is black and white, at least when looking at the revenue picture. As Bell Canada notes in its intervention into the CRTC’s...