Since 1992, the Cogeco Program Development Fund has been an active supporter of Canadian television drama through its various financing programs for the development and production of drama series and movies-of-the-week, written by Canadian screenwriters, produced by Canadian producers and exhibited by Canadian broadcasters.
With an endowment of $5M and annual contributions of $3M from Cogeco Cable, a subsidiary of Cogeco Cable inc., the Fund has allocated $3,506,414 to the development of 461 series, MOW’s and pilots, as well as $38,715,794 for the production of 240 series and MOWs. In addition, $2,156,500 has been awarded to 50 companies through the Theatrical Feature Film Development Program which provides corporate support for companies developing feature films. The Fund’s newest program has invested $448,877 in the early pre-development stage of television projects.
This valuable financial assistance has made the difference for many of the series and movies that we see on our television screens, on recording devices, in theatres and on our mobile screens.
The Cogeco Fund is very proud to have contributed to some outstanding success stories and innovations in the industry during 2014: Murdoch Mysteries continues to entice audiences beyond the milestone 100 episodes; 19-2 has successfully accomplished the challenging feat of being adapted into an English version of a French-language hit series; Corner Gas: The Movie not only achieved financial and marketing success with its Kickstarter campaign, but also created an innovative launch campaign in theatres across Canada which in turn led to excellent audience ratings for its television broadcast; the Book of Negroes mini-series had a standing ovation at its premiere at MICOM and record-breaking audience numbers for its broadcaster. In Quebec, Toute la vérité ‘s final season continued to attract over one million viewers for each episode; the public and critics rave about Au secours de Béatrice; the series Mensonges experimented with a VOD broadcast before it traditional television broadcast; the renewal of Série noire is making its active social community online very happy, and the anthology series Contes pour tous has been enriched this year with a new film, Le gang des hors-la-loi. We can definitely state that Canadian television programs are doing very well!
In order to continue to create financing programs that support high quality, distinguished and popular productions, the Cogeco Fund must listen and respond to the demands of the public as well as the industry. Like all the other private Funds in the CIPF `family` (`Certified Independent Production Funds`), we will face some important challenges in the next few years. Together we must work to find ways to recognize the various interests of consumers, creators, producers, broadcasters, public and private funders and businesses. We will review our activities and take into consideration new regulations and policies, technological changes, the evolution of audience expectations, the needs of local and international markets – all while continuing to respect who we are, our culture and our values.