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Financial Results for Pay and Specialty

Financial Results for Canadian Pay and Specialty Services

 

According to the CRTC, Canadian specialty, pay, pay-per-view television and video-on-demand (VOD) services had revenues of $2.7 billion in 2007, up 9.1% compared to the previous year.  Between 2003 and 2007, revenues rose by an average of 9.7% each year.  Last year, profits before interest and taxes (PBIT) grew 13% to reach $647.1 million, and the PBIT margin rose from 22.92% in 2006 to 23.76% the following year.

 

The revenues were generated from the following sources:

  • $1.2 billion from subscribers of cable distribution services
     
  • $928.8 million from national advertising
     
  • $574.8 million from subscribers of direct-to-home satellite services
     
  • $44.3 million from other revenues, and
     
  • $19.8 million from local advertising.
     

Of the total revenues,

  • pay TV services accounted for $349.7 million
     
  • pay-per-view services for $119 million
     
  • VOD services for $78.8 million, and
     
  • specialty services for $2.2 million.

Of the 142 specialty TV services,

  • $1.9 billion came from 49 analog services
     
  • $78.9 million from 18 Category 1 digital services, and
     
  • $154.3 million from 75 Category 2 digital services.

Programming

The amount spent by specialty and pay TV services on Canadian programming grew 3.3% to reach $917.9 million in 2007.  Of this total, $391 million was paid to independent producers to acquire Canadian programming. 

 

Here is a breakdown of the spending on Canadian programming:

  • $230.6 million for sports programs
     
  • $210.2 million for other information programs
     
  • $168.3 million for drama
     
  • $148 million for news programs
     
  • $67 million for general interest programming, and
     
  • $45.6 million for musical and variety shows.

Specialty and pay services also spent $323.2 million on foreign programming in 2007, up 10% from the previous year.

 

Source: CRTC, 04/25/2008

 

 

Originally Posted: 5/2/2008 9:35:02 AM
Last Updated: 3/9/2009 2:33:25 PM