Wednesday, November 2, 2011

Canuck TV revs rise

Total operating revenues in Canada's TV sector hit C$7.1 billion ($7 billion) this year, up 8% from 2009.This is actually the biggest annual increase since 2003, based on a study launched Tuesday by authorities agency Statistics Canada.Overall, TV advertising revenues increased 9.2% to $3.34 billion this past year last year the entire was $3.05 billion, 8.3% lower on 2008, the very first reduction in fifteen years.10 years back, ad revs paid for for nearly 60% from the TV sector's total operating revenues. This Year, that proportion was at 48.2%, a small upswing from 47.7% last year.Complete operating revs for commercial free-to-air TV rose 8.8% to $2.12 billion this year, well below the 2007 peak.The segment published an income margin, before interest and taxes, of $5.31 million this year. This reverses a $111.six million reduction in 2009, the very first reduction in 3 decades.Cable television and pay TV ongoing to develop this year by having an 11.1% hike in operating revs to $3.44 billion. While subscription revs remain an essential base for cablers, their share from the TV ad market was 32.6% this year, a significant change in the 17.1% in 2001. Contact Variety Staff at news@variety.com

No comments:

Post a Comment