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Ad slowdown hampers TV revenues

Canadian local television stations brought in $117 million less in advertising revenue last year, Canada's broadcast regulator said, which pulled their overall revenue down from $1.94 billion in 2013 to $1.8 billion in 2014.

The Canadian Radio-television and Telecommunications Commission said Monday that for the fiscal year ended in August of last year, the private local television industry as a whole eked out a small profit, since expenses also declined, from $1.85 billion to $1.84 billion.

Private stations spent $619.3 million in the creating Canadian content during the year, which employed more than 5,900 people. That figure was up by 2.3% from $605.4 million the previous year.

Within that figure, the money was spent in the following ways:

$60.4 million for drama series,
$5.3 million for feature films,
$84.7 million for general interest programs,
$361.1 million for news programs,
$6.3 million for long-form documentaries,
$29.3 million for other information programs,
$22.3 million for music and variety shows,
$1.1 million for sports programming,
$19 million for game shows,
$25.5 million for reality TV shows,
$3.7 million for awards shows and
$0.5 million for other programs.

Along the way, private local TV stations paid $138.6 million to Canadian independent producers.