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CTV withdraws application to redirect funds
9/23/2003

TORONTO - "As the result of proposed changes to the Canadian Television Fund guidelines, which will adversely affect Canadian documentary producers, CTV Inc. last week withdrew its application to the CRTC to redirect certain BCE-CTV benefits funds," reports a press release.

As reported last week by www.broadcastermagazine.com., CTV had proposed to reallocate $5.5 million from documentary events and companion documentaries in the BCE-CTV Benefits package to the Heroes, Champions and Villains dramatic programming benefit stream. Its original proposal would also have shifted $9 million to HDTV production.

"CTV held numerous consultations with producers from across the country to advise them of its proposed adjustments," said the most recent press release.

"During these discussions, proposed changes to the CTF guidelines affecting documentary producers (including the removal of the regional and small/medium producer bonuses) were brought to CTV's attention. The producers expressed concerns about the financial impact of these changes combined with the changes CTV was proposing."

"As a result of these expressed concerns, we feel that it would be appropriate to withdraw this application at this time, and to monitor the CTF funding situation and its effects over the coming months," said Rick Brace, president, CTV Inc.

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