October 5, 2017
Bell Media has closed short-film fund BravoFACT and music-video fund MuchFACT. This spring, the CRTC complied with Bell Media’s request to delete certain conditions of its licence, including the requirement of contributing to the two funds. Since its foundation in 1995, BravoFACT has contributed $30 million to short films and emerging creators and the MuchFACT has contributed approximately $100 million since 1984. Earlier this fall, Bell Media’s Harold Greenberg Fund also closed its production equity investment program. See the Playback and The Wire Report articles for more information.