Not only are they state-controlled and state-funded, but they also get revenue from private sector ads.
Yet, despite all of their advantages, they’re still failing.
Apparently, if you don’t have content people want to watch, it won’t work out well.
As reported by Blacklocks CBC’s ad revenue is down 53% in the last five years.
A key reason for the loss of ad revenue is because CBC’s viewership is plunging.