Canadian radio stations could be forced to close in the next three years as the pandemic adds to financial pressures media companies were facing before COVID-19, according to a new study from a media advocacy group.The Canadian Association of Broadcasters issued a report today warning of potential closures and widespread job cuts as TV and radio broadcasters face a cumulative projected revenue shortfall of up to $1.06 billion by the end of 2022.
Media outlets push for regulatory changes to level the playing field amid coronavirus pandemic The report says the most vulnerable are the country’s AM radio stations, as well as other independent private radio and TV operations in smaller markets across the country.The study, titled “The Crisis.