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Bell Broadcast and New Media Fund faces 40% cut as a result of CRTC decision

News | 07/24/2003 4:00 am EDT

Reaction has been swift and condemning to news that the Bell Broadcast and New Media Fund (Bell Fund) faces a 40% cut to its budget for assisting new media production in Canada – the result of a recent CRTC decision (CNM Update, July 17/03). Just days after announcing it would begin putting more money into projects, the fund’s staff is now scrambling to find ways to maintain funding without cutting the number of projects it can help.

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