New Media Producers Need Funding Stability and Growth
News | 02/20/2003 5:00 am EST
In January Telefilm Canada released the results for its latest round of financing from the Canada New Media Fund to the chagrin of many producers. Out of 168 project applications from across the country, a total of only 26 – or 15% – were accepted for funding. This is similar to the Fall of 2002 when only 17% of proposals were selected, yet entirely different from the spring of 2002 announcement when a whopping 47% made the cut. A lot of folks are left scratching their heads.