The Canada Media Fund has created a mechanism to officially record gross sales for TV and digital media projects in its convergent and experimental streams.

A key change for the CMF’s 2012-2013 program, unveiled last April, was that each funded project must provide a report on its gross sales.

“The purpose is to help the CMF compile statistics on sales concluded nationally and internationally in order to better promote the success of funded projects. The data will also serve for discussions on a potential incentive to stimulate international sales,” the organization said in a statement Friday.

Producers must now submit sales reports for their projects using forms for their funding program sections to the Compliance and Collections department of the CMF Program Administrator/Telefilm Canada (CMFPA) no later than Apr. 1.

The reportage form, available online, require the producer to indicate for a project its buyer, territory, gross amount of the sale in Canadian dollars, sales company, type of sales company, type of sale and the sales company’s origin.

The requirement applies to all TV and digital media production and marketing projects in the fund’s convergent and experimental streams, including projects that received only advances or licence fee top-ups in 2012-2013, the CMF said.

It added Friday that it is working to develop a streamlined report format that includes both the exploitation report (for projects receiving CMF investment) and gross sales report (CMF-funded projects).