Telefilm new media envelope sees $5-million boost
News | 02/03/2005 5:00 am EST
Canadian Heritage has announced that the Canada New Media Fund, administered by Telefilm Canada, will be increased to $14 million for 2005/06. The announcement was made today at the Canadian Film and Television Production Association’s annual conference by Canadian Heritage minister Liza Frulla. The additional $5 million will be welcomed by the new media industry, which has been lobbying hard for an increase in the fund to over $30 million per year. "The Canada New Media Fund is an important part of many success stories and has fostered the creation of innovative products," said minister Frulla at the event. "The government of Canada is proud to encourage this thriving industry."