A new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the playing field across the sector.
A new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator considers new rules to help level the playing field across the sector. A television remote control shows buttons to access streaming services Netflix and Amazon Prime, in a photo illustration made in Toronto, Friday, March 22, 2024.
Last year saw 2.6 per cent of Canadian TV subscribers cut the cord, as the revenue brought in by traditional TV providers declined three per cent to $7.2 billion — a pace the report predicts will continue through 2026. "This is where the big spending is happening for programming. These guys are obviously kind of winning the battle at the end of the day."
Eiley said the shift from TV to streaming platforms is happening less rapidly in Canada than in the U.S. It was part of a public consultation in response to the Online Streaming Act, which received royal assent last April and is meant to update federal legislation to require digital platforms to contribute to and promote Canadian content.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Report shows younger Canadians are significantly less happy than older CanadiansWhen it comes to the happiest countries in the world, Canada ranks fairly well compared to other nations, but the level of happiness amongst Canadi...
Read more »
More Canadians ditch traditional TV as streamers are 'winning the battle': reportA new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite...
Read more »
More Canadians ditch traditional TV as streamers are 'winning the battle': reportA new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the p
Read more »
More Canadians ditch traditional TV as streamers are 'winning the battle': reportA new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the playing field across the sector.
Read more »
More Canadians ditch traditional TV as streamers are 'winning the battle': reportA new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the playing field across the sector.
Read more »
More Canadians ditch traditional TV as streamers are 'winning the battle': reportA new report suggests Canadians' television viewing habits continue to shift toward streaming platforms at the expense of traditional cable and satellite subscriptions, at a time when the federal regulator is considering new rules to help level the p
Read more »