CBC News Network (Formerly Newsworld)

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

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
334805116 CBC News Network (Formerly Newsworld) Canadian Broadcasting Corporation Canadian Broadcasting Corporation                           Specialty (category C service) 2016
Revenue ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue 50,983,039 50,606,511 -0.74 49,995,158 -1.21 52,021,094 4.05 51,629,902 -0.75 0.3
DTH subscriber revenue 17,644,637 17,730,568 0.49 18,783,518 5.94 15,032,863 -19.97 14,005,067 -6.84 -5.6
Local advertising revenue 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
National advertising revenue 17,472,969 18,462,152 5.66 19,538,932 5.83 19,176,930 -1.85 19,169,111 -0.04 2.3
Other revenue 57,017 0 -100.00 1,634,816 n/a 1,720,790 5.26 1,874,469 8.93 139.5
Total Revenue 86,157,662 86,799,231 0.74 89,952,424 3.63 87,951,677 -2.22 86,678,549 -1.45 0.2
Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Programming and Production 62,083,219 57,861,322 -6.80 59,879,627 3.49 61,579,011 2.84 62,289,669 1.15 0.1
Technical 2,349,917 2,390,084 1.71 2,419,186 1.22 2,637,258 9.01 2,782,109 5.49 4.3
Sales and Promotion 2,598,682 2,493,464 -4.05 3,621,347 45.23 5,572,059 53.87 6,821,090 22.42 27.3
Administration and General 1,543,817 1,708,143 10.64 7,497,050 338.90 7,371,945 -1.67 7,921,361 7.45 50.5
Total Expenses 68,575,635 64,453,013 -6.01 73,417,210 13.91 77,160,273 5.10 79,814,229 3.44 3.9
Performance ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Income 17,582,027 22,346,218 - 16,535,214 - 10,791,404 - 6,864,320 - -
Depreciation 2,521,273 1,975,599 -21.64 2,805,992 42.03 2,952,343 5.22 3,779,994 28.03 10.7
P.B.I.T. 15,060,754 20,370,619 - 13,729,222 - 7,839,061 - 3,084,326 - -
Interest Expense 0 0 n/a 495,026 n/a 410,424 -17.09 320,409 -21.93 -
Adjustments - Gain (Loss) 0 0 n/a -2,946,358 n/a -2,948,701 0.08 -4,205,673 42.63 -
Pre-tax Profit 15,060,754 20,370,619 - 10,287,838 - 4,479,936 - -1,441,756 - -
Canadian Programming Expenses ($)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Acquisition of rights 17,900 14,683 -17.97 0 -100.00 328,064 n/a 419,091 27.75 120.0
Script & concept 0 0 n/a 0 n/a 0 n/a 0 n/a n/a
Filler Programming + Program Production 61,333,069 57,333,435 -6.52 55,941,863 -2.43 57,513,799 2.81 58,073,600 0.97 -1.4
Investment in Programming 4,601 0 -100.00 0 n/a 0 n/a 0 n/a -100.0
Total Canadian Programming 61,355,570 57,348,118 -6.53 55,941,863 -2.45 57,841,863 3.40 58,492,691 1.13 -1.2
Canadian Programming/Revenue (%) 71.21 66.07 - 62.19 - 65.77 - 67.48 - -
Staff
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Total Remuneration ($) 32,701,718 33,142,515 1.35 48,033,626 44.93 47,357,692 -1.41 47,063,804 -0.62 9.5
Total Staff Count 338 329.1 -2.63 468 42.21 456.65 -2.43 447.71 -1.96 -
Average Remuneration ($) 96,751 100,707 4.09 102,636 1.92 103,707 1.04 105,121 1.36 2.1
Subscribers
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
11,362,597 11,336,559 -0.23 11,376,354 0.35 11,173,366 -1.78 10,916,941 -2.29 -1.0
Profitability (%)
2012 2013 Var % 2014 Var % 2015 Var % 2016 Var % CAGR (%)
Operating Margin 20.4 25.7 - 18.4 - 12.3 - 7.9 - -
P.B.I.T. Margin 17.5 23.5 - 15.3 - 8.9 - 3.6 - -
Pre-tax Margin 17.5 23.5 - 11.4 - 5.1 - -1.7 - -

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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