CBC has published Q1 Financial Highlights, reporting revenue increases of 11.3% in the quarter, mostly from stronger TV advertising demand and continued digital revenue growth, in addition to higher content sales and demand for production services. Government funding recognized in the quarter increased by 5.4%. Expenses increased by 4.1% mostly from higher programming costs due to scheduling changes. The public broadcaster says more costs were also incurred covering a news-heavy quarter.
Canada Media Fund (CMF) CEO and President Valerie Creighton has been awarded the University of Regina’s Lifetime Achievement Award in recognition of her “visionary leadership for some of the country’s most important arts and culture institutions.” Creighton is also an inductee of the Order of Canada and the Saskatchewan Order of Merit. Molly Thomas, a correspondent for CTV’s W5, is also receiving the Outstanding Young Alumni Award from the university. Thomas has been recognized with multiple awards, including a National Labour Reporting Award from the Canadian Association of Journalists for her W5 story Fields of Wrath, highlighting the plight of migrant workers during the early days of COVID-19. This year, RTDNA Canada also awarded her a National Award in Sports Excellence, for her team’s profile on Toronto Raptors’ head coach, Nick Nurse.