Canadian Television Fund Balances Competing Stakeholder Needs and Commits to Continued Enhancement



    GATINEAU, QC, Feb. 8 /CNW/ - The Canadian Television Fund (CTF) today
gave the closing presentation at the CRTC public hearing into its future,
noting that one of the Fund's principle successes is its ability to manage the
competing demands of an extensive number and variety of stakeholders to
deliver a balanced and effective model that meets its cultural and commercial
mandate.
    "The CTF is gratified that the great majority of interveners strongly
support the Canadian Television Fund and emphasize that one of the Fund's
greatest strengths is its adaptability to new challenges faced by the
industry," said Douglas Barrett, Chair of the Board of the Canadian Television
Fund. "When considering changes to the industry's funding system, the most
critical objective is ensuring that, given that the competing demands of
stakeholders in the production, broadcast, and distribution system, the
interests of the Canadian public, including both taxpayers and subscribers,
remain at the forefront."
    "We demonstrated that we are genuinely open to meaningful change, but
change should not be driven by the desire of individual parties to reduce
their contributions to the CTF, nor to increase their relative share of the
Fund's limited financial resources," said Valerie Creighton, President of the
CTF.
    Ms. Creighton cautioned against splitting the Fund into separate
commercial and cultural streams, stating that that the CTF is already a
market-driven, culturally focused, and results-based organization. Ms.
Creighton referenced programs such as The Guard; Degrassi: The Next
Generation; Les Lavigueur, la vraie histoire; The Rick Mercer Report; The
Trailer Park Boys; and Les hauts et les bas de Sophie Paquin, which have been
attracting record Canadian audiences.
    In response to detailed questions about the Broadcaster Performance
Envelope (BPE) stream, the CTF stated that the BPE system is the right model
for the Canadian television industry, and the Fund committed to further
refining the model.
    "We will work together with all our contributors to determine the most
appropriate way to report to them on the performance of the envelope system in
achieving audience success," said Ms. Creighton.
    "The continued success of the television industry in Canada is a delicate
balance that requires the contribution of all players to ensure its cultural
and commercial success," concluded Mr. Barrett. "Structural adjustments
allowing contributors an alternative to opt-out of the system would cause a
chain reaction that would disrupt that balance."

    About the Canadian Television Fund
    ----------------------------------
    Fostering the growth of television production in Canada through financial
investment and industry research, the Canadian Television Fund (CTF) supports
the development of Canadian talent, programs and audiences. Since 1995, the
CTF has contributed to the creation of over 25,000 hours of Canadian
television and has provided over $2.5 billion of financial investment
triggering the production of over $8 billion of Canadian television.
CTF-supported productions have cultivated thousands of jobs in the Canadian
television sector. Further details about the CTF are available on the
organization's website at www.ctf-fct.ca.





For further information:

For further information: Media Inquiries: Betsy Chaly, Director of
Communications, Canadian Television Fund, bchaly@ctf-fct.ca, (416) 554-2768

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Canadian Television Fund

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