Hi, Guest
10-27-2006, 12:02 AM
ANTHONYD,Oct 26 2006, 09:29 AM Wrote:Hereââ¬â¢s how: The CBC currently pays some $65-million annually to air NHL games on its stations, and doesnââ¬â¢t charge Canadians a penny more than they pay in taxes to watch those games. In return, the network generates more than $30 million each year in advertising revenue, which helps cover the costs related to its world-renowned news services. [right][snapback]213416[/snapback][/right]
Okay, so what am I missing here ... based on this paragraph it seems to me that taxpayers subsidize HNIC to the tune of $35 million per year.
Or was this simply bad writing and he really meant to say that the network generates an advertising profit of $30 million - in which case yeah this will be a huge loss for the CBC.
If not, and we really are paying tax money for HNIC, I say good riddance.
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2003 Focus ZX5 infra-red Track Rat - R*I*P
2003 ZX5 CD Silver Track Rat - retired, but still in the driveway
New track rat: 2000 ZX3, Atlantic Blue * JRSC with lots more to come
* New Zetec crate motor - NFG - thanks Topspeed *