Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $358.0 M to Canadian television and digital media projects in 2011-2012, a six percent increase, or $21.0 M, from the previous fiscal year. A record-setting $1.3 B of industry activity was triggered, rising 22% over 2011-2012, or 30% higher than the most recent five-year average.
The Convergent Stream received 91% of funding, with 9% supporting the Experimental Stream. The Experimental Stream provided $32.9 M for 90 projects from across the country, spurring an additional $50.0 M in economic activity within Canada’s digital sector. The Convergent Stream dedicated $325.1 M to Canadian screen-based projects including television programming and related digital media content. This is an 8% increase over 2010-2011.
Also introduced in 2011-2012 was the Convergent Digital Media Incentive, which offered additional support for digital media components. An additional $1.7 M was granted to 25 projects. Overall, 88% of CMF funding supported television programming, with the balance of 12% supporting digital media content. Digital media content funding increased 2 share points from 2010-2011.
Breakdown by program
|Performance Envelope Total||278.6|
|English Production Incentive||10.0|
|English Development Envelope||7.3|
|Convergent Digital Media Incentive||1.7|
|Regional French Incentive||1.2|
|Regional French Development||0.2|
|Northern Production Incentive||0.2|
These results were achieved through a variety of CMF funding mechanisms which are constantly reviewed to most effectively serve the evolving needs of content producers. Development, production and marketing of screen-based media is supported through a variety of financing tools including license fee top-ups, equity investments, recoupable investments, non-recoupable contributions and loans. CMF investments and repayable advances and loans made up 37% of all CMF funding, the same level as last year.
|Equity||Recoupable Investment||Sub-total||Advance||Non-interest Bearing Loan||Sub-total||Licence Fee Top-up||Non-repayable Contribution||Sub-total|