Canada: Pay-TV subs decline, revenues steady

Figures released by the Canadian Radio-television and Telecommunications Commission covering statistical and financial information on cable, IPTV and satellite companies for the year ending on August 31st 2015 reveal a slight decline in revenues of C$11.8 million (€8.2m/0.1 per cent) to C$8.9 billion, while expenses increased by 1.3 per cent to C$7.2 billion. As a result, the operating margin decreased to its lowest level in five years, but remained healthy at 19 per cent. These companies employed 27,244 in 2015, down 6.3 per cent from 2014.

The overall number of subscribers decreased from 11.4 million in 2014 to 11.2 million in 2015, continuing a two-year trend. However, the average total revenue per subscriber increased from C$65.25 in 2014 to C$66.08 per month in 2015. IPTV companies continued to grow reporting double-digit increases in subscribers for 2015.

Spending by television service providers on the creation and production of Canadian-made content decreased by C$38.1 million in 2015 to C$436.9 million. Of this amount, C$219.6 million was directed to the Canada Media Fund, C$64.7 million to independent funds and C$152.6 million to community channels and other sources of local content.

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