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SOURCE Canadian Radio-television and Telecommunications Commission
OTTAWA/GATINEAU, April 30, 2014 /CNW/ - The Canadian Radio-television and Telecommunications Commission (CRTC) today released statistical and financial summaries for Canadian specialty, pay, pay-per-view (PPV) and video-on-demand (VOD) television services for the broadcast year that ended August 31, 2013.
Revenues for these television services surpassed $4 billion for the first time in 2013, and have climbed by an annual average of 7% over the past five years. In 2013, specialty, pay, PPV and VOD services invested $1.3 billion in the creation of new television programs made by Canadians and employed 6,120 people.
Each year, the CRTC compiles financial data on the Canadian broadcasting and telecommunications sectors. The data compiled in the reports issued today were drawn from the annual returns of specialty, pay, PPV and VOD television services.
In the coming weeks, the CRTC will publish the financial results for conventional television stations, cable and satellite companies, and AM and FM radio stations. Following the publication of these reports, the CRTC will issue its annual Communications Monitoring Report.
These annual reports help interested parties to stay informed about the state of the Canadian communication industry and to participate in the CRTC's public consultations.
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