Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $371.8M to Canadian television and digital media projects in 2012-2013, a $13.8M increase, or four percent, from the previous fiscal year. A total of $1.2B of industry activity was triggered, dipping slightly from 2011-2012’s record high of $1.3B, although higher than the most recent five-year average of $1.1B.
The Convergent Stream received 90.6% of funding, with 9.4% supporting the Experimental Stream. The Experimental Stream provided $35.1M for 85 projects from across the country, spurring an additional $55.2M in economic activity within Canada’s digital sector. The Convergent Stream dedicated $336.7M to Canadian screen-based projects including television programming and related digital media content. This is a 3.5% increase over 2011-2012.
Overall, 84.5% of CMF funding supported television programming, with the balance of 15.5% supporting digital media content. Digital media content funding increased 3.7 share points from 2011-2012, traced primarily to the increased allocation to the Convergent Digital Media Incentive program (CDMI) to $15M, from $10M last year, and its full utilization.
Breakdown by Program
|Performance Envelope Total||270.2|
|Development Envelope Total||10.2|
|Convergent Digital Media Incentive||15.0|
|English Production Incentive||14.6|
|Regional English Pre-development||1.4|
|Regional French Incentive||1.1|
|Regional French Development||0.2|
|Northern Production Incentive||0.1|
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.
Breakdown by Funding Type
|Equity||Recoupable Investment||Sub-total||Advance||Licence Fee Top-up||Non-repayable Contribution||Sub-total|