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  • New Terms Of Trade Agreement Takes Effect June 1st

25th May 2011

New Terms Of Trade Agreement Takes Effect June 1st

Via the Canadian Media Production Association:CMPA

The CMPA has successfully negotiated, on behalf of its members and the entire Canadian independent production sector, a Terms of Trade (PDF) agreement that comes into effect June 1st 2011. This is a historic deal that will redefine the relationship between producers and broadcasters.

The agreement has been signed between the CMPA and Astral, Bell Media (CTV), Corus, Rogers and Shaw Media. Negotiations with the CBC will begin later this year. Canadian Producers and Broadcasters will be required to adhere to Terms of Trade on a go-forward basis – it will apply to all independently produced projects developed and commissioned by the private broadcast groups. Please note that while Corus (PDF) signed a separate Terms of Trade agreement, it contains no substantive differences from the agreement signed with the other broadcasters.

The deal applies to the entire life cycle of a show – from first pitch, through to development, production and broadcast on all platforms. Key areas covered by the deal include:

  • Development and Evaluation
  • Licensing Conditions
  • Editorial Control
  • Licence Term
  • Rights
  • Equity
  • Super Licence Fees
  • Producer Tax Credits
  • Timeframe and Administration

The agreement will come into the force as of June 1, 2011 with the exception of certain parts related to the financing of programs, which will come into force as of August 1, 2011. Please see section 13 for specifics relating to the timing of implementation of the various elements of the agreement.

The CMPA will shortly be providing a guide regarding key provisions of the agreement to assist producers in understanding its interpretation and application.  The Association will also be organizing a series of workshops across the country, through the summer – to be informed about dates and venues please contact Emma Grace.

This entry was posted on Wednesday, May 25th, 2011 at 7:58 am and is filed under Associations, Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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