Conventional TV Revenues in Decline Across Canada, Says CRTC

Conventional TV Revenues in Decline Across Canada, Says CRTC
An Apple iPad is used to view Netflix in London, England in this file photo. Gareth Cattermole/Getty Images for Netflix
Peter Wilson
Updated:
0:00

Advertising revenue collected by conventional television broadcasters across Canada is in decline as digital platforms drain their market share, says the Canadian Radio-television and Telecommunications Commission (CRTC).

“Each year, a larger share of ad spending in Canada is flowing to the Internet and other digital platforms,” the CRTC wrote in its report titled, “Harnessing Change: Financial Model Of The Canadian Television Sector,” as first reported by Blacklock’s Reporter.