Canada Media Fund partners with Parrot Analytics to track domestic and international demand for Canadian content
LOS ANGELES/TORONTO – September 18, 2019 – Television content produced or co-produced in Canada has the highest rate of global travelability, the ability for local content to attract audience demand outside of the country where it was originally produced and aired, compared to any other market, according to research conducted by Parrot Analytics on behalf of the Canada Media Fund (CMF).
Canadian content achieved global travelability of 22.4% over the period of May 1 to July 31, 2019 compared to content produced in the U.S. which achieved global travelability of 18.7% over the same period. Travelability is an index of popularity relative to a project’s home market. Parrot Analytics is the leading content demand analytics company that specializes in optimizing TV industry workflows through its global demand data and analyses. CMF develops and finances the creation of original Canadian content and supports the Canadian media industry.
CMF has partnered with Parrot Analytics on a pilot basis to provide the Canadian media industry with data they have not had access to before to assess the impact of SVOD channels and new platforms on the Canadian production industry. In addition, having access to Parrot Analytics’ travelability data, CMF can identify content that travels best to inform the industry and identify new opportunities.
“We are eager to understand the content preferences of Canadians across multiple viewing platforms. For us, gaining insights into the success of content on all platforms is pivotal in this changing media landscape. Their insights into travelability is an example of how global TV demand data will give us the required strategic context to help Canadian producers better navigate the content landscape,” said Valerie Creighton, President and CEO, CMF.
“Our initial project with CMF was to take a 12-month view of Canadian content that had successfully traveled outside of the country and we were surprised to see that content produced or co-produced in Canada had significantly higher travelability rates than content produced elsewhere in the world,” Courtney Williams, Head of Partnerships, Parrot Analytics. “Of course, Canadian co-productions like Orphan Black and Vikings certainly have made an impact around the world, but seeing Canada’s dominance in this metric was impressive. We look forward to working with CMF to uncover other content trends that can inform the industry.”
About The Canada Media Fund
The Canada Media Fund (CMF) fosters, develops, finances and promotes the production of Canadian content and applications for all audiovisual media platforms. The CMF guides Canadian content towards a competitive global environment by fostering industry innovation, rewarding success, enabling a diversity of voice and promoting access to content through public and private sector partnerships. The CMF receives financial contributions from the Government of Canada and Canada’s cable, satellite and IPTV distributors. Please visit cmf-fmc.ca.
About Parrot Analytics
Parrot Analytics is the leading global content demand analytics company for the multi-platform TV business. With the world’s largest TV audience demand datasets, the company currently tracks more than 1.5B daily expressions of demand in over 100 languages from 200+ countries to reveal the content consumers engage with and watch the most across platforms. Parrot Analytics is a trusted partner to some of the biggest media companies and content creators in the world, helping them optimize content workflows in real time. Partnering with companies across the entire content supply chain, from agencies to global direct-to-consumer platforms, Parrot Analytics helps drive better production, distribution, acquisition and marketing decisions, as well as increased subscriber growth and retention. The company has offices in Los Angeles, New York, London, Singapore, Mexico City, São Paulo and Auckland. Connect with us on YouTube, LinkedIn and Twitter. For more information, see www.parrotanalytics.com.
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