CMF introduces new gross sales recording mechanism
Toronto, February 22, 2013 – The Canada Media Fund (CMF) today announced a mechanism for officially recording data on gross sales for all television and digital media projects supported in the CMF Convergent and Experimental streams.
As announced last April, when the new guidelines were published, each project funded by the CMF in 2012–2013 must provide a report on gross sales from now on. The purpose is to help the CMF compile statistics on sales concluded nationally and internationally in order to better promote the success of funded projects. The data will also serve for discussions on a potential incentive to stimulate international sales.
This requirement applies to all television and digital media production and marketing projects in the Convergent and Experimental streams, including those that have received only advances or licence fee top-ups in 2012–2013. This requirement is not retroactive and does not apply to projects funded prior to the current year.
Producers are asked to submit sales reports for their projects using the form provided for this purpose. This form can be downloaded from the relevant Funding Program sections of the CMF website. It must be submitted to the Compliance and Collection department of the CMF Program Administrator/Telefilm Canada (CMFPA) at the address [email protected] no later than April 1, 2013.
The CMF is working to develop a new streamlined report format that will encompass both the gross sales report (for all CMF funded projects) and the exploitation report (for projects with CMF’s investment). The new report will be released at a later date.
About the Canada Media Fund
The Canada Media Fund (CMF) champions the creation and promotion of successful, innovative, Canadian content and software applications for current and emerging digital platforms through financial support and industry research. The CMF was created by Canada’s cable and satellite distributors and the Government of Canada.
The CMF publishes canadaonscreen.ca, a website designed to showcase and celebrate Canada’s creative talents and screen-based productions from television productions to games, web content, and software and applications.
For more information, please contact:
Canada Media Fund