<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
</head>
<body>
<table cellpadding="0" cellspacing="0" border="0" style="margin-bottom: 10px;">
<tbody>
<tr>
<td style="color: #FF0000;">[△EXTERNAL]</td>
</tr>
</tbody>
</table>
<br>
<br>
<div>
<div dir="ltr">
<div dir="ltr">
<div>
<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2">We are delighted to announce the release of the 14<sup>th</sup> edition of
<b><i>Canada’s Network Media Economy: Growth, Concentration and Upheaval, 1984-2024
</i></b>(available <a href="https://gmicp.org/canadas-network-media-economy-growth-concentration-and-upheaval-1984-2024/" style="color:rgb(70,120,134);text-decoration:underline">
here</a>)<b><i>.<span></span></i></b></font></p>
<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2">Now drawing upon 40 years of data, this report places some of the most significant recent developments in the Canadian media and communications landscape – across markets, technologies and policies - in their proper context, identifying what
is recurrent or novel, transitory or stable.<span> </span>It also draws upon the latest data from the
<a href="https://gmicp.org/" style="color:rgb(70,120,134);text-decoration:underline">
<i>Global Media & Internet Concentration Project</i></a>, to see where Canada sits by international comparison across key revenue and concentration metrics.<span>
</span><span></span></font></p>
<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2">In a constant quest to improve, this year’s edition introduces some innovations:<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpFirst" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>Restructured across the entire report, this edition is leaner and more accessible<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>The 2025 edition introduces cloud computing as a standalone sector, while also integrated into the overall analysis<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpLast" style="margin:0cm 0cm 8pt 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>The efforts by US ‘Big Tech’ firms to roll back platform regulation in Canada and internationally is a core area of analysis<span></span></font></p>
<p class="MsoNormal" style="margin:0cm 0cm 8pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2">A selection of headline findings include:<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpFirst" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>The network media economy in Canada is now defined by a Goliath vs Goliath clash between vertically integrated domestic firms – ‘big telecom’ – and global digital conglomerates – ‘big tech’ – that constrains consumer
choice and competition.<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>Total revenue across the network media economy is $130.7 billion – an increase of a third over five years.<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span><span style="letter-spacing:0.1pt">Rogers’ takeover of Shaw has driven up concentration nationally in the mobile wireless, internet access, and broadcasting distribution markets, while its post-takeover revenue increased by
one third</span><span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span><span style="letter-spacing:0.1pt">Sweeping changes to Canada’s Competition Act – partly informed by the Rogers-Shaw deal - mean that stricter, bright line rules now apply to mergers presumed to be anti-competitive</span><span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>BCE remains the top company by revenue.<span> </span>As it was in 2023.<span>
</span>And also in 1984.<span> </span><span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>In ten years, the market share of the big three US ‘big tech’ firms in Canada has risen from just under 5% to 20% without cloud services, or 29% factoring them in.
<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpMiddle" style="margin:0cm 0cm 0cm 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>The crisis of journalism is real: the number of full-time journalists fell by another 1,600 in 2024<span></span></font></p>
<p class="gmail-MsoListParagraphCxSpLast" style="margin:0cm 0cm 8pt 20.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span><span>-<span style="font-style:normal;font-variant:normal;font-weight:normal;font-stretch:normal;line-height:normal;font-family:"Times New Roman";font-size-adjust:none;font-kerning:auto;font-feature-settings:normal">
</span></span></span>Three-quarters of Canadian households subscribe to a streaming (SVOD) service, although that is a drop for the second year running.<span></span></font></p>
<p class="MsoNormal" style="margin:0cm 0cm 8pt 2.4pt;line-height:115%;font-family:"Aptos",sans-serif">
<font size="2"><span>This Canada report follows editions we have already published on the state of media and internet concentration across the world, including Spain, China, Brazil, South Korea and the United States, producing
<b>a library of regularly updated reports for all of the nearly 40 countries that make up the GMICP</b>.<span></span></span></font></p>
<p class="MsoNormal" style="line-height:115%;margin:0cm 0cm 8pt;font-family:"Aptos",sans-serif">
<font size="2"><span>Please review any of these reports and the underlying data sets
</span><a href="https://gmicp.org/reports-2/" target="_blank" style="color:rgb(70,120,134);text-decoration:underline"><span style="color:rgb(70,120,134)">here</span></a><span>.
<span></span></span></font></p>
<p class="MsoNormal" style="line-height:115%;margin:0cm 0cm 8pt;font-family:"Aptos",sans-serif">
<font size="2"><span>We invite other researchers to contribute their expertise to our efforts—please reach out to us
</span><a href="https://gmicp.org/contact-us/" target="_blank" style="color:rgb(70,120,134);text-decoration:underline"><span style="color:rgb(70,120,134)">here</span></a><span>.<span></span></span></font></p>
<p class="MsoNormal" style="line-height:115%;margin:0cm 0cm 8pt;font-family:"Aptos",sans-serif">
<font size="2"><span lang="EN-US">Professor Winseck – the report’s author - can be reached at
</span><a href="mailto:dwayne.winseck@carleton.ca" target="_blank" style="color:rgb(70,120,134);text-decoration:underline"><span lang="EN-US">dwayne.winseck@carleton.ca</span></a><span lang="EN-US"> or 613 769-7587 (mobile).</span><span><span></span></span></font></p>
<p class="MsoNormal" style="line-height:115%;margin:0cm 0cm 8pt;font-family:"Aptos",sans-serif">
<font size="2"><span><span> </span></span></font></p>
</div>
<div>
<div dir="ltr" class="gmail_signature">
<div dir="ltr">
<div>
<div dir="ltr">
<div>
<div dir="ltr">
<div><span style="background-color:rgb(255,255,255)"><b>Dr. Guy Hoskins</b></span></div>
<div><span style="background-color:rgb(255,255,255)">Post-Doctoral Fellow & Project Manager -<br>
</span></div>
<div><span style="background-color:rgb(255,255,255)"><span style="color:rgb(153,153,153)"><a href="https://gmicp.org/" target="_blank"><i>Global Media & Internet Concentration Project</i></a>
</span><br>
</span></div>
<div>Course Instructor<span style="background-color:rgb(255,255,255)"></span><span style="background-color:rgb(255,255,255)"></span><span style="background-color:rgb(255,255,255)"><i><span style="color:rgb(153,153,153)"> -
<a href="https://www.ryerson.ca/next-chapter/" target="_blank">Toronto Metropolitan University</a></span><span style="font-style:normal">
<br>
</span></i></span></div>
<div><span style="background-color:rgb(255,255,255)"><i><span style="font-style:normal">Vice-chair - Communication, Policy & Technology section -
<a href="https://iamcr.org/" target="_blank">IAMCR</a></span></i></span></div>
<a href="mailto:Ghoskins@ryerson.ca" target="_blank">Ghoskins@</a><a href="http://torontomu.ca" target="_blank">torontomu.ca</a><i><span style="font-style:normal"></span></i><br>
@walmartyr <br>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</body>
</html>