Last year Canadians spent more than ever before on home entertainment and going to the movies.
Coast to coast in 1993 we spent an estimated $2.8 billion to rent and buy movies and other programs on home video to watch movies in theaters and to purchase compact discs and cassettes. That’s about $93 for every man woman and child in the country.
The tally was $400 million more than last year’s record $2.4 billion.
Sources say Canadians are staying home more but ironically are also going out to movies more
Canadian TV networks stations cable and pay- TV channels combined this year paid about $400 million for all their imported mainly U.S. series specials and movies. That’s about $25 million more than last year even with CBC no longer adding more US weekly series. Later this year when the federal television regulator CRTC licenses several new specialty channels to go on sir in January 1995 American program suppliers will start reaping a lot more.
Article extracted from this publication >> January 14, 1994
