DEATH KNELL FOR CBC TELEVISION?

Things You'll Never See On The CBC

Against a steady drumbeat of negativity, a glimmer of hope...

Sometime within the next two years, the CBC is almost certainly going to lose its single largest source of advertising revenue, NHL hockey. It will be out-bid for the contract by one of the country's enormously wealthy commercial broadcasters, probably Bell Media. That will mean a loss of 40 per cent of the corporation's total annual ad revenue, but also a loss of something close to 400 hours of Canadian content programming - a hole that will have to be filled. Already bled white by decades of funding reductions from successive federal governments, the CBC is in no position to survive this blow.

(h/t Maz2)

By Kate on May 2, 2013 4:42 PM | 47 Comments |