Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) contributed $371.7M to Canadian television and digital media projects in 2015-2016, an $6.2M increase, or 1.7%, from the previous fiscal year. A total of $1.4B of industry activity was triggered, an 8.4% increase from 2014-2015.
Breakdown by Program
|Performance Envelope Sub-total||260.1|
|Development Envelope Sub-total||10.4|
|Convergent Digital Media Incentive||13.0|
|English Regional Production Bonus||11.5|
|English Regional Pre-development||1.2|
|Quebec Regional French Incentive||2.0|
|Regional French Development||0.3|
|Northern Production Incentive||0.5|
|Canada-Australia Interactive Digital Media Incentive||0.3|
|Canada-Italy Codevelopment Incentive||0.1|
|Canada-New Zealand Digital Media Fund||0.6|
|Canada-Wallonia Digital Media Incentive for Multiplatform Projects||0.4|
|SP Cine Codevelopment Incentive||0.1|
|International Initiatives Total||1.5|
The Convergent Stream received 88.6% of funding, with 11.4% supporting the Experimental Stream. The Convergent Stream dedicated $329.2M 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 $42.5M for 139 projects from across the country, spurring $66.4M in economic activity within Canada’s digital sector. Industry activity triggered by the Experimental stream rose 7.4% over 2014-2015.
Overall, 80.8% of CMF funding supported television programming, with the balance of 19.2% supporting digital media content. Digital media content funding increased 1.2 share points from 2014-2015, due to increases in the Experimental Stream budget and convergent commitments.
CMF funding to digital media content totaled $71.3M in 2015-2016, growing 8.4% from 2014-2015. The Experimental stream provided 59.3%, the Convergent Digital Media Incentive (CDMI) funding comprised 18.2%, and the Performance Envelope Program provided 16.3% of the total. A total of 6.2% came from other convergent programs.
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 30.2% of all CMF funding, compared to last year’s 30.1%.