Program Funding Summary
Total CMF Program Funding
With the continued support of its funding contributors, the Canada Media Fund (CMF) invested $346.1M in Canadian television and digital media projects in 2018-2019, a $3.8M increase, or +1.1%, from the previous fiscal year. A total of $1.4B of industry activity was triggered, with no change from 2017-2018.
Breakdown by Program
|Commercial Projects Pilot Program||6.6|
|Web Series Pilot Program||3.9|
|Performance Envelope Sub-total||228.8|
|Development Envelope Sub-total||9.2|
|English Regional Production Bonus||13.0|
|Convergent Digital Media Incentive||9.1|
|Quebec Regional French Incentive||2.2|
|Regional French Development||0.2|
|Other Export Programs Total||3.4|
|International Incentives Total||1.7|
The Convergent Stream received 86.0% of funding, with 12.3% supporting the Experimental Stream, and the remainder going to export-related programs and coproduction incentives. The Convergent Stream dedicated $297.5M to Canadian screen-based projects including television programming and related digital media content. The Experimental Stream, including the Accelerator Partnership Program, provided $42.5M to innovative digital media projects.. Export-related programs committed $4.4M to assisting content intended for foreign markets. CMF contributed $1.7M to the international incentives, where foreign funding agency partners matched CMF support with commitments of $1.8M.
Overall, 80.4% of CMF funding supported television programming, slightly less than 2017-2018, with the balance of 19.6% supporting digital media content.
CMF funding to digital media content totaled $68.0M in 2018-2019. The Experimental stream provided 62.5%, the Convergent Digital Media Incentive (CDMI) funding comprised 13.3%, and the Performance Envelope Program provided 14.5% of the total. A total of 9.7% came from other programs.
Note: International incentives are shown in the chart above by Convergent or Experimental Stream.
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, repayable advances, and non-recoupable contributions. CMF investments and repayable advances made up 31.1% of all CMF funding, a slight decrease from last year’s 32.2%. International incentives and export programs provide investments, advances, or contributions depending on the type of project and the partnership arrangement.