Telefilm new media envelope sees $5-million boost
News | 02/04/2005 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 February 3 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."