Were do these statistics come fromobelix said:Too much!
Why spend a billion dollars on something that only 6% of the population watch!
Close it down!
Have you seen this article:alex52 said:It's not a matter of money but what is the role of CBC in the life of the nation. Compared to the BBC its under funded.
Because:RogerRabbit said:The CBC is pretty commercial already, why not put it in the hands of the private sector?
m91us said:I've looked into the financial statements of CBC years ago. CBC requires a government subsidy to survive.
For convienence, I have provided a link to their latest finanical statements.
http://www.cbc.radio-canada.ca/annualreports/2006-2007/pdf/financials-e.pdf
To summarize. CBC generates $559,286,000 in Revenue. It spends $1,696,006,000. Yes, CBC spends more than it earns. So Daddy comes to the rescue. A government subsidy is given: $974,324,000.
Now how much is it worth? Well the total assets is worth $1,591,877,000. Assuming you are related to Bill Gates, would you spend about 1.6 billion dollars that creates an operating loss (before government subsidy) of $1.13 billion?
To answer your question, Taxpayers pay about 1 billion per year to fund the CBC money pit.
M91US
The government doesn't go into the CBC to make money. Otherwise, it would just let the free market do it.m91us said:I've looked into the financial statements of CBC years ago. CBC requires a government subsidy to survive.
For convienence, I have provided a link to their latest finanical statements.
http://www.cbc.radio-canada.ca/annualreports/2006-2007/pdf/financials-e.pdf
To summarize. CBC generates $559,286,000 in Revenue. It spends $1,696,006,000. Yes, CBC spends more than it earns. So Daddy comes to the rescue. A government subsidy is given: $974,324,000.
Now how much is it worth? Well the total assets is worth $1,591,877,000. Assuming you are related to Bill Gates, would you spend about 1.6 billion dollars that creates an operating loss (before government subsidy) of $1.13 billion?
To answer your question, Taxpayers pay about 1 billion per year to fund the CBC money pit.
M91US
blackdog said:The CBC news dept. is one of the most respected in the world. Compared to the BBC and American news outlets its sadly underfunded.
Compared to whom? Canada has roughly 33 million people or so. That is not enough people to support home grown programming? Our problem is not that we don't have enough population, but that too much of it is interested in US programming.Compromised said:Canada simply does not have the population to support a lot of "home grown" programming.
My opinion, it's not about making money. It is a matter of being self-sufficient for CBC. They should aim to break even. The bulk of the money being spent is on Services provided by staff at CBC.benstt said:The government doesn't go into the CBC to make money. Otherwise, it would just let the free market do it.
The government, like Bill Gates, has a different view of ROI in some circumstances.
http://www.gatesfoundation.org/default.htm
... I don't think that the poster knows the price either.danibbler said:Someone who knows the price of everything, but the value of nothing.![]()