Canadian Television Fund Releases 2007-2008 Stakeholders' Report



    BANFF, AB, June 11 /CNW/ - The Canadian Television Fund (CTF) today
released its 2007-2008 Stakeholders' Report. The report highlights funding
results for the fiscal year which ended on March 31, 2008.
    "We are pleased to present our stakeholders with this report, which
highlights CTF funding trends reflecting the past five years," said Valerie
Creighton, President of the CTF. "Over the past year, the CTF has taken great
strides towards strengthening stakeholder relations. We refined the
Broadcaster Performance Envelope allocation process in response to feedback
from our stakeholders. We conducted an extensive review of the CTF's
Guidelines, through which producers and broadcasters have been given greater
flexibility, audience growth is encouraged, and success is rewarded."
    In addition to the program changes mentioned above, the CTF enhanced
communication with its stakeholders in 2007-2008. A new, dynamic website,
launched in January, celebrates the best in Canadian television. An event held
on Parliament Hill in February brought the stars of Canadian television
together with Canadian politicians and government officials, raising awareness
amongst the latter about the popularity of Canadian shows. Throughout the
winter and spring, a televised public service announcement raised the profile
of the CTF and the successful shows it funds amongst Canadians across the
country.

    
    Highlights of the 2007-2008 Stakeholders' Report include the following:

    -   CTF revenues for 2007-2008 totalled almost $285 million;
    -   Administration expenses were limited to 4.7% of revenues, including
        both the CTF and the Television Business Unit at Telefilm Canada,
        which administers the CTF's programs;
    -   468 production and 310 development projects were funded, with total
        production budgets of over $242 million and total development budgets
        of over $14 million;
    -   Programs funded by the CTF in 2007-2008 included:
        -  43 English-language and 30 French-language Dramas,
        -  41 English-language and 26 French-language Children's and Youth
           shows,
        -  137 English-language and 124 French-language Documentaries, and
        -  16 English-language and 33 French-language Variety and Performing
           Arts shows;
    -   2,297 hours of new Canadian programming were generated by CTF-funded
        programs.
    

    The 2007-2008 Stakeholders' Report is available on the CTF website at
www.ctf-fct.ca.

    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 27,000 hours of Canadian
television and has provided over $2.7 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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