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News Briefs
CRTC's 2007 industry stats: it was a pretty good year
The CRTC released its inaugural Communications Monitoring Report yesterday. CRTC chairman Konrad von Finckenstein calls it "an invaluable reference for anyone interested in this industry."
In 2007, the communications industry posted revenues of $51.1 billion, an increase of 5.7% over the $48.3 billion reported in 2006. Revenues for the broadcasting industry were up $816.1 million, or 6.7%, and totalled $13.1 billion in 2007.
The report shows that cable companies have emerged as major competitors in the provision of local and cellular telephone and high-speed Internet. Cable companies provided high-speed Internet services to 55% of subscribers.
The report also includes expanded sections covering new media trends and international perspectives. Copies of the report are available here.
Here's a rundown of what it says:
Broadcasting highlights
Radio:
- In 2007, Canadians were able enjoy 1,222 different radio services, including 912 English-language services, 274 French-language services and 36 services in other languages.
- Canadians listened to an average of 18.3 hours of radio per week, which represented a slight decline from the 18.6 hours in 2006. Private commercial radio stations captured 80.5% of total radio tuning per week; the CBC, 12.4%; and other stations, 7.1%.
- Revenues for private commercial stations increased by 6.2%, from $1.4 billion in 2006 to $1.5 billion in 2007.
- In 2007, commercial radio stations paid $23.5 million for the development of Canadian content.
- Benefits stemming from the transfer of ownership or control totaled $100.8 million in 2007. These funds represent a percentage of the total value of the broadcasting assets involved in transactions, which are then invested in the broadcasting system. The majority of benefits generated in 2007 came from the transactions involving Astral/Standard CTVglobemedia/CHUM.
Television:
- Canadians could choose from 685 television services in 2007, including 456 English-language services, 103 French-language services and 126 services in other languages.
- In 2007, Canadians watched an average of 26.8 hours of television per week. Canadian television services attracted 98.5% of the French-language viewing audience in Quebec and 74.9% of the viewing audience in the rest of the country.
- Commercial television revenues increased 4.3%, or $218 million, from $5 billion in 2006 to $5.3 billion in 2007. This was largely due to increased subscriber revenues of $152 million.
- Revenues for specialty, pay and pay-per-view television and video-on-demand services increased by 9%, rising from $2.5 billion in 2006 to $2.7 billion in 2007.
- Revenues for private conventional television broadcasters went from $2.1 billion in 2006 to $2.2 billion in 2007, an increase of 1.3%.
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