BC News 1 (formerly Global News Plus BC)

Individual Discretionary and On-Demand Services - Statistical and Financial Summaries 2012-2016

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
535434906 BC News 1 (formerly Global News Plus BC) Corus Television Limited Partnership Corus Entertainment Inc.                                    Specialty (category B service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue - 507,516 - 1,065,076 109.86 942,245 -11.53 - - -
DTH subscriber revenue - 0 - 82,614 n/a 136,952 65.77 - - -
Local advertising revenue - 0 - 0 n/a 0 n/a - - -
National advertising revenue - 218,277 - 360,535 65.17 438,979 21.76 - - -
Other revenue - 0 - 0 n/a 0 n/a - - -
Total Revenue - 725,793 - 1,508,225 107.80 1,518,176 0.66 1,559,341 2.71 n/a
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production - 1,968,836 - 4,239,591 115.33 4,170,536 -1.63 2,988,813 -28.34 n/a
Technical - 311,885 - 729,544 133.91 720,820 -1.20 - - -
Sales and Promotion - 484,230 - 90,183 -81.38 154,163 70.94 - - -
Administration and General - 600,235 - 1,204,165 100.62 1,253,377 4.09 - - -
Total Expenses - 3,365,186 - 6,263,483 86.13 6,298,896 0.57 - - -
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income - -2,639,393 - -4,755,258 - -4,780,720 - - - -
Depreciation - 0 - 0 n/a 0 n/a - - -
P.B.I.T. - -2,639,393 - -4,755,258 - -4,780,720 - - - -
Interest Expense - 0 - 0 n/a 0 n/a - - -
Adjustments - Gain (Loss) - 0 - 0 n/a 0 n/a - - -
Pre-tax Profit - -2,639,393 - -4,755,258 - -4,780,720 - - - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights - 0 - 0 n/a 0 n/a 0 n/a n/a
Script & concept - 0 - 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production - 1,818,587 - 3,758,631 106.68 3,706,361 -1.39 2,560,041 -30.93 n/a
Investment in Programming - 0 - 0 n/a 0 n/a 0 n/a n/a
Total Canadian Programming - 1,818,587 - 3,758,631 106.68 3,706,361 -1.39 2,560,041 -30.93 n/a
Canadian Programming/Revenue (%) - 250.57 - 249.21 - 244.13 - 164.17 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) - 2,036,442 - 4,143,710 103.48 4,056,487 -2.10 - - -
Total Staff Count - 23 - 45 95.65 44 -2.22 - - -
Average Remuneration ($) - 88,541 - 92,082 4.00 92,193 0.12 - - -
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
- 856,226 - 924,098 7.93 882,285 -4.52 - - -
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin - -363.7 - -315.3 - -314.9 - - - -
P.B.I.T. Margin - -363.7 - -315.3 - -314.9 - - - -
Pre-tax Margin - -363.7 - -315.3 - -314.9 - - - -

CAGR = Compound Annual Growth Rate

DTH = Direct-to-Home

SMATV = Satellite Master Atenna Television

P.B.I.T. = Profit Before Interest and Tax

Var = Variation

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