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RIP MuchFACT

RIP MuchFACT

first_imgAdvertisement Ottawa: The CRTC has effectively killed MuchFACT, the MuchMusic funded Foundation to Assist Talent on video.The announcement was made within a bundle of regulatory decisions announced Monday (Decision 149, section 55).The MuchFACT program routinely pumps as much as $2 million a year into Canadian music content creation. Advertisement As part of Bell Media’s TV renewal approval, the CRTC approved the deletion of required contributions to MuchFACT by Much and sister station Gusto (formerly M3).As well, Bell Media-owned MTV Canada is no longer required to allocate $50,000 annually to independent production companies for concept and script development.READ MORE Login/Register With: Advertisement Twitter LEAVE A REPLY Cancel replyLog in to leave a comment Facebooklast_img read more