Canada Media Fund invests $17m
The Canada Media Fund (CMF) has announced an investment of nearly $17 million in 51 new innovative interactive projects in the first round of its 2011-2012 Experimental Stream.
The CMF offers financial assistance to support projects at various stages of their completion: production, development or marketing.
In production, the CMF is investing $11.6 million in 22 new projects: 11 games, 5 interactive contents, 4 mobile applications, 1 interactive webseries and 1 application software. The average commitment to each project is $525,000. One project is being carried out in Alberta, 4 in British Columbia, 1 in Prince Edward Island, 1 in Nova Scotia, 11 in Ontario and 4 in Quebec.
In development, the CMF is investing $4.3 million in 25 projects. The average amount offered for each project is $171,000. Five will be developed in British Columbia, 1 in Prince Edward Island, 1 in New-Brunswick, 2 in Ontario, 15 in Quebec and 1 in Newfoundland and Labrador.
Finally, in terms of marketing assistance, the CMF is investing $1 million in 4 projects, with an average contribution of $262,000. One project is from British Columbia, 1 is from Ontario and 2 are from Quebec.
Projects were evaluated using the following criteria: innovation, production team, business plan and distribution strategy. Those criteria are detailed in the Evaluation Matrix included in the Experimental Stream’s Guidelines (PDF).
The thinking is that mentioning these household brands is a form of “clandestine advertising”. The regulator, Conseil supérieur de l’audiovisuel (CSA), cites a 1992 statute governing the relationship between journalists and advertising, sponsorship, and “teleshopping”.