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CRTC issues annual pay television report

By Adnews Staff

The Canadian Radio-television and Telecommunications Commission has released financial information for Canadian specialty, pay, pay-per-view and video-on-demand television services for the year ending August 31, 2015. There were 228 of these services operating in Canada during that year. According to the report, total revenue for these services increased by 0.5% during the year to $4.3 billion. Subscription revenue increased by $30 million, however advertising revenue declined by $19 million. Expenditures increased from $3.1 billion $3.3 billion. Profits declined from $1 billion to $885 million.

June 22, 2016

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