Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $365.6M to Canadian television and digital media projects in 2014-2015, an $11.1M increase, or 3.1%, from the previous fiscal year. A total of $1.3B of industry activity was triggered, an 11.3% increase from 2013-2014.
Breakdown by Program
|Performance Envelope Sub-total||259.9|
|Development Envelope Sub-total||10.5|
|Convergent Digital Media Incentive||12|
|English Regional Production Bonus||10.9|
|English Regional Pre-development||1.5|
|Quebec Regional French Incentive||1.7|
|Regional French Development||0.3|
|Northern Production Incentive||0.7|
|Digital Media Codevelopment & Coproduction Incentive||0.3|
|Canada-New Zealand Digital Media Fund||0.6|
|Canada-Wallonia Digital Media Incentive for Multiplatform Projects||0.1|
|International Initiatives Total||1.0|
The Convergent Stream received 89.1% of funding, with 10.9% supporting the Experimental Stream. The Convergent Stream dedicated $325.7M to Canadian screen-based projects including television programming and related digital media content. The Experimental Stream, including the Accelerator Partnership Pilot Program and international initiatives, provided $39.8M for 128 projects from across the country, spurring $61.8M in economic activity within Canada’s digital sector. Industry activity triggered by the Experimental stream rose 4.4% over 2013-2014.
Overall, 82.0% of CMF funding supported television programming, with the balance of 18.0% supporting digital media content. Digital media content funding increased 1.3 share points from 2013-2014, due to increases in the Experimental Stream budget and convergent commitments.
CMF funding to digital media content totaled $65.8M in 2014-2015, growing 11.0% from 2013-2014. The Experimental stream provided 60.5% and Convergent Digital Media Incentive (CDMI) funding comprised 18.2% of the total. A total of 21.2% came from other convergent programs, increasing from a 16.7% share in 2013-2014.
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 are supported through a variety of financing tools including license fee top-ups, equity investments, recoupable investments, advances, and non-recoupable contributions. CMF investments and repayable advances made up 30.1% of all CMF funding.