Advertising and subscription revenues were up in the quarter, helping to offset increased operating costs.
Meanwhile, CBC saw revenues and Canadian programming expenditures increase, according to the latest financial summaries.
The Ontario government is investing $3.1 million to help expand the Canadian operations of the L.A.-based VR and VFX house.
A $450 million investment has led the global company to divert its resources towards scripted programming, resulting in around 10 layoffs in Canada.
The deal marks the L.A.-based film equipment company’s expansion into Canada.
Media revenue saw a 4% year-over-year lift, driven by a heavy appetite for sports – but Blue Jays’ salaries and the print-to-digital shift contributed to a drop in profits for Q2.
Greg De Winter will now oversee Rainmaker’s new 2D content division and lead the studio’s original productions operations.
Sam Sniderman joins the media company to oversee its global production businesses.
Daniel Abrams has been promoted at the Toronto-based talent and literary management company.
The interactive digital media trade association has also promoted Christa Dickenson (pictured) and Carly Beath.
Alongside a Production Mentorship Program, 15 new and mid-level producers will get a 20-week placement at an independent prodco.
Playback magazine caught up with Jean-Pierre Blais to talk big decisions during his five-year term as chair of the CRTC and how he envisions the future of TV.