CRTC releases 2013 financial results for Canadian commercial radio‏



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June 3, 2014 – Ottawa-Gatineau – Canadian Radio-television and
Telecommunications Commission (CRTC)

The Canadian Radio-television and Telecommunications Commission (CRTC)
today released statistical and financial information on the 685 commercial
radio stations operating in Canada for the broadcast year that ended on
August 31, 2013.

Revenues remained relatively stable from the previous year despite
competition from satellite, online and mobile services. Total revenues for
AM and FM stations increased by 0.26%, from $1.618 billion in 2012 to
$1.623 billion in 2013. These revenues enable commercial radio stations to
provide a variety of programming to Canadians, support established and
emerging Canadian talent, and offer employment opportunities to over
10,200 people.



Over the past year, stations cut their expenses by $2 million, for a total
of $1.252 billion. As a result, profits before interest and taxes (PBIT)
improved slightly from $321 to $328 million, increasing the PBIT margin
from 19.8% to 20.2%.

Each year, the CRTC compiles financial data on the Canadian broadcasting
and telecommunications industries to produce a series of reports. This
year’s report on the radio sector provides data on a national basis and by
individual markets, as well as on the 81 radio stations operated by the
Canadian Broadcasting Corporation.

The CRTC recently published the 2013 financial results for local
television stations http://news.gc.ca/web/article-en.do?nid=845759,
specialty, pay and pay-per-view television services
and video-on-demand services http://news.gc.ca/web/article-en.do?nid=843969,
and cable and satellite companies http://news.gc.ca/web/article-en.do?nid=848179. It will
soon publish the annual edition of its Communications Monitoring Report.

These annual reports allow Canadians to stay informed about the state of
the Canadian broadcasting industry and help them participate in the CRTC’s
public consultations.

Quick facts

FM radio

• Canada’s FM radio stations continued to generate the majority of total
revenues. The addition of 13 new FM stations in 2013 brought the number
operating in Canada to 556.

• In 2013, these stations earned $1.33 billion, slightly up from $1.31
billion the previous year.

• Revenues for English-language FM stations increased by 1.31%, from $1.04
billion to $1.05 billion.

• Revenues for French-language FM stations increased by 0.5%, from $251.9
million to $253.2 million.

• Ethnic FM stations saw their revenues increase by 4.3%, to reach a total
of $21.1 million.

AM radio

• The number of AM stations in Canada remained at 129. However, their total
revenues decreased by 3.8%, from $306.2 million in 2012 to $294.6 million
in 2013.

Related links

Commercial Radio – Statistical and Financial Summaries 2009–2013
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio2013.htm

• Summaries for the Montreal market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio21.htm

• Summaries for the Toronto market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio30.htm

• Summaries for the Vancouver market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio33.htm

• Summaries for the Calgary market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio36.htm

• Summaries for the Edmonton market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio39.htm

• Summaries for the Hamilton market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio42.htm

• Summaries for the Ottawa-Gatineau market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio43.htm

• Summaries for the Quebec City market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio46.htm

• Summaries for the Winnipeg market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio47.htm

• Summaries for the Halifax market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio50.htm

• Summaries for the Kitchener/Waterloo market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio51.htm

• Summaries for the London market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio52.htm

• Summaries for the St. Catharines/Niagara market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio53.htm

• Summaries for the Victoria market
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio54.htm

• Summaries for the Oshawa and Windsor markets
http://www.crtc.gc.ca/eng/publications/reports/BrAnalysis/radio2013/radio55.htm

- 30 -

Contacts

Follow us on Twitter: @CRTCeng https://twitter.com/CRTCeng

Media Relations:
Media Relations
http://support.crtc.gc.ca/CRTCSubmissionMU/forms/Mediarelations.aspx?lang=e,
Tel: 819-997-9403, Fax: 819-997-4245

General Inquiries:
Tel: 819-997-0313, TDD: 819-994-0423, Fax: 819-994-0218 Toll-free #
1-877-249-CRTC (2782) TDD - Toll-free # 1-877-909-CRTC (2782) Ask a
question or make a complaint
http://www.crtc.gc.ca/RapidsCCM/Register.asp?lang=E

This document is available in alternative format upon request.

 

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