How Much Money Did They Make? The CRTC Releases Its Annual Report On Television In Canada

The Canadian Radio-television and Telecommunications Commission (CRTC) has tallied up the winnings, I mean, earnings of the television industry for 2006...

Canadian conventional television stations generated $2.2 billion in revenue in 2006. National advertising remained steady at $1.5 billion. Local advertising increased 3.4% to $375.4 million. Profitability, however, declined from $242 million industry-wide to $91 million according to the report.

Other interesting tidbits include:

Spending on foreign programming increased 12.2% from $613.2 million in 2005 to $688.3 million in 2006.

Spending on Canadian programming increased 6.3% from $587 million in 2005 to $623.7 million in 2006 (including $144.7 million for independently produced material, up from $138.5 million in 2005).

Genre expenditure breakdowns include: $328.1 million for news programs; $101.6 million on general interest programming; $73.9 million on drama; $66.3 million for other information programs; $35 million for musical and variety shows; $9.3 million for sports; and $5.7 million for game shows.

The industry employed 8,197 people in 2006.

To read the report go here. For more information, go the CRTC’s website.