from Variety, regulators in Canada are looking to force networks into spending as much money on TV content created in Canada as is spent on content from the US:
MONTREAL — Canada’s broadcast regulator may impose a limit on the amount of money the country’s networks can spend on Hollywood fare.
In a surprise announcement, the Canadian Radio-Television and Telecommunications Commission (CRTC) said it is looking into the notion of forcing broadcasters to spend the same amount on Canadian fare as they spend on the Hollywood hits.
“The commission at first blush finds a lot of merit in the idea of imposing a condition of license on English-language broadcasters requiring a 1:1 ratio between Canadian and non-Canadian programming expenditures,” the regulator said.
The proposal comes just days after a report that showed the Canadian networks spent a record C$775 million ($624 million) on U.S. fare last year, up 7.4% from $580 million in 2007. Spending on Canadian programming remained essentially unchanged at $498 million. – read the rest on Variety.com