$15.1bn
$XXX.Xm
69,425
18,773
$X.Xbn
The transition to digital content continues to diminish content distributors as studios increasingly undertake distribution activities in-house. Many distributors have instead turned to acquiring content from production houses. Federal support for video production has been robust, especially with the 2017 Creative Canada initiatives, which increased funding for production studios. Netflix's arrival into the Canadian market also bolstered production, as they were given tax incentives in exchange for spending $500.0 million on domestic content creation. While the pandemic hindered revenue significantly, as health and safety regulations lifted, production skyrocketed as studios had a backlog of projects they were ready to work on. Growth in foreign and domestic Canadian television production propelled the industry to exceed previous pandemic highs in 2021. This momentum was sustained in the following years as demand heightened and revenue hikes persisted. A continued injection of government funding and resources implemented during the pandemic has further boosted the industry. This has enabled the industry to remain durable despite recent spates of inflationary pressure. Revenue is expected to incline at a CAGR of 5.8%, reaching $15.1 billion in 2024, including a 1.6% gain in 2024 as production thrives. Even so, profit took a massive dip amid the pandemic and has yet to fully recover.
Industry revenue has grown at a CAGR of 5.8 % over the past five years, to reach an estimated $15.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Entertainment One Ltd. | 84.6 | N/A | N/A | |
National Film Board of Canada | 9.4 | N/A | N/A |
To view the market share and analysis for all 2 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including English fictional TV content, French fictional TV content and English nonfictional TV content. English fictional TV content is the largest segment of the Movie, TV & Video Production in Canada.
English fictional content continues to dominate
Operators in the Movie, TV and Video Production industry in Canada produce and distribute motion pictures, TV show programs and videos. This industry excludes third-party distributors and disc manufacturers.
Purchase this report to view all 2 major companies in this industry.
NAICS 512110 - Movie, TV & Video Production in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Canadian government incentives have been a game-changer for the industry, attracting local and international projects. Federal programs and tax credits continue to make Canad...
Learn about an industry's products and services, markets and trends in international trade.
English fiction TV is booming. Thanks to high production budgets and global licensing deals, English-language fictional content is generating significant ad revenue and domin...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
British Columbia has the highest production volume despite having fewer studios. Vancouver's top-tier infrastructure and expertise make it a favourite for recurring TV series...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Domestic production studios face competition from foreign studios, primarily in the US. Many consumers watch shows produced in the US and other foreign countries.
Learn about the performance of the top companies in the industry.
In 2023, eOne agreed to a first-look offer with the content producer Hardcash Production. eOne will handle the international distribution of all premium non-scripted content....
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Canada prioritizes local content on TV and streaming services. The CRTC’s mandates on domestic airtime and the Netflix partnership ensure a significant focus on Canadian tale...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profitability still hasn't bounced back to pre-pandemic levels. While larger studios are faring better, smaller ones are struggling with financial volatility due to the linge...
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Movie, TV & Video Production industry in Canada is $15.1bn in 2024.
There are 18,773 businesses in the Movie, TV & Video Production industry in Canada, which has grown at a CAGR of 1.9 % between 2019 and 2024.
The market size of the Movie, TV & Video Production industry in Canada has been growing at a CAGR of 5.8 % between 2019 and 2024.
Over the next five years, the Movie, TV & Video Production industry in Canada is expected to grow.
The biggest companies operating in the Movie, TV & Video Production market in Canada are Entertainment One Ltd. and National Film Board of Canada
Securing financing for film, TV and video production and Producing film and TV programming are part of the Movie, TV & Video Production industry.
The company holding the most market share in Canada is Entertainment One Ltd..
The level of competition is high and increasing in the Movie, TV & Video Production industry in Canada.