The CRTC released its annual report yesterday on the state of Canadian specialty, pay and PPV services. There has been an on-year average of 10% since 2001. EBIT (earnings before interest and taxes) show a 19.4% annual increase. Last year was especially high for EBIT at 31.5%, climbing from $418.2 million in 2004 to $549.9 million in 2005, while revenues approached $2.2 billion in 2005, an increase of 6.3% over 2004.
This year the report also details spending by type of program. For Canadian fare, our specialty services shelled out $162.5 million on drama, $128.4 million on news, $206 million on other info programming, $116.9 million on sports and a mere $38.3 million on musical and variety shows and $45 million on general interest programs.
The CRTC produced the report using the services’ financial statements.
