03 September, 2010 Last updated 1 minutes ago

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Commercial radio stations to contribute more to community radio: CRTC decision

OTTAWA—More money will be coming to the campus and community radio sector through the Community Radio Fund of Canada (CRFC), the CRTC announced Thursday in a new regulatory policy for the sector.

Under the new policy, commercial radio stations that make more than $1.25 million in revenues per year will allocate 15 per cent of their annual Canadian content development (CCD) contributions to the CRFC.

“We didn’t get everything we asked for, but I’m happy with what we did get,” Melissa Kaestner, executive director of the CRFC, told The Wire Report.

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Contact Ryan O'Neill at 613-232-5952 ext. 222 or roneill@thewirereport.ca
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