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Canada’s broadcasting sector posted declining revenue last year as Canadians increasingly listened to music and watched television over the Internet, according to the federal broadcast regulator.

Revenue for the entire broadcasting sector including radio, television and television service providers dipped by 1.6 per cent to $17.9 billion in 2015, according to the 2016 Communications Monitoring Report released by the Canadian Radio-television and Telecommunications Commission on Tuesday.

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The number of hours spent listening to radio and watching television on traditional platforms dropped slightly, along with the number of television subscriptions, according to the detailed report on Canada’s communication industry that compiles information from 2015. Cord cutting appears to be highest among young people aged 12 to 34.

But that doesn’t mean Canadians are consuming less content. The number of Canadians watching TV online, streaming radio online, watching music videos online and listening to music via online streaming services increased.