The Canadian Radio-television and Telecommunications Commission (CRTC) renewed the licences of all English-language television services operated by Rogers Media until 2014, and the licences of the services operated by Bell Media, Shaw Media, and Corus Entertainment until 2016.
Over the next five years, Bell Media, Corus Entertainment and Shaw Media must allocate at least 30 per cent of gross annual revenues to the production of Canadian programs.
They must also direct at least five (5) per cent of these expenditures to finance programs of national interest, with the exception of Corus Entertainment who will have to allocate at least nine (9) per cent of gross annual revenues. Consequently, during the five years of their renewed licence terms, these companies will invest billions of dollars in original Canadian programming.
Read More: CRTC Renews Licences of Carriers' English-language TV | Mediacaster Magazine - Broadband & Content
Over the next five years, Bell Media, Corus Entertainment and Shaw Media must allocate at least 30 per cent of gross annual revenues to the production of Canadian programs.
They must also direct at least five (5) per cent of these expenditures to finance programs of national interest, with the exception of Corus Entertainment who will have to allocate at least nine (9) per cent of gross annual revenues. Consequently, during the five years of their renewed licence terms, these companies will invest billions of dollars in original Canadian programming.
Read More: CRTC Renews Licences of Carriers' English-language TV | Mediacaster Magazine - Broadband & Content
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