General + Regulatory + Telecom + Media NewsRegulatory, Telecom & Media News - CMG and CBC/Radio-Canada reach tentative collective...

Regulatory, Telecom & Media News – CMG and CBC/Radio-Canada reach tentative collective agreement

CRTCThe CRTC has released its annual highlights of the telecommunications sector report for 2022. The Canadian sector experienced a 3.5% increase in total revenues, similar growth to 2021 (3.4%), and a clear progression from the 2020 pandemic year when revenues declined for the first time since 2002. The increase is primarily due to the almost $1.7B increase in mobile revenues, up 5.7% from 2021. Retail fixed internet service revenues experienced 4.9% growth, up from $14.5B in 2021 to $15.2B in 2022. The five largest telecom providers accounted for 87.3% of total revenues, including Bell, TELUS, Rogers, Shaw and Vidéotron, and their flanker brands. 

The Canadian Media Guild (CMG) and CBC/Radio-Canada have reached a tentative collective agreement after seven full weeks of bargaining. CMG says the proposal includes an immediate wage increase of 6.1% (which includes two years of retro pay) on April 8 of this year, translating to 12.57% more in wages between March 2022 and April 2026. The minimum daily Technical Freelancer rate also improves to $400 a day, up from $280.

Quebecor has reported its consolidated financial results for Q4 and the full year 2023. For the year, Quebecor recorded revenues of $5.43 billion, up $902.4 million (19.9%) and adjusted EBITDA of $2.24 billion, up $303.3 million (15.7%). The Telecommunications segment increased its revenues by $935.8 million (25.2%), reflecting, among other things, the contribution of the Freedom Mobile acquisition. In Q4, Quebecor recorded revenues of $1.5 billion, up 27% year-over-year. TVA Group reported declines of $49.2 million (‑8.3%) in revenues and $24.8 million (‑128.5%) in adjusted EBITDA for 2023, while the Sports and Entertainment segment grew its revenues by $22.8 million (12.0%) and its adjusted EBITDA by $3.6 million (18.6%) in 2023. The Film Production & Audiovisual Services segment (MELS) reported $686,000 in adjusted EBITDA, a $12,198,000 unfavourable variance due mainly to lower volume of activities in soundstage, mobile and equipment rental, post-production and media accessibility services. TVA’s Q4 revenues were $151,714,000, an 11.8% decrease compared with Q4 2022.

(l-r): Michael Friscolanti, Hannah Sung, Jana G. Pruden and Molly Hayes. Anna Maria Tremonti will moderate.

The Canadian Journalism Foundation (CJF), in collaboration with the Canadian Women’s Foundation, is presenting an online panel discussion in the lead-up to International Women’s Day, on ethical reporting of intimate partner violence. The free event takes place Thursday, March 7, at 1 p.m. ET. Reporting with Care: Ethical Journalism in the Shadow of Intimate Partner Violence will bring together Michael Friscolanti, editor-in-chief of Village Media; Hannah Sung, co-founder of Media Girlfriends; Landsberg Award-winner Molly Hayes of The Globe and Mail; and Jana Pruden, the Globe’s Edmonton-based reporter. Anna Maria Tremonti will moderate the discussion.

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