Monday will mark an historic day for the Canadian television industry. The Canadian Radio Television and Telecommunications Commission is expected to issue a decision on an issue that's pitted the country's conventional television broadcasters against the cable industry. Broadcasters like CTV have argued a new revenue source is vital in order to protect the local television industry. The broadcasters are calling for the introduction of a fee for carriage system that would mean cable companies would have to pay for the rights to broadcast their programming. For the first time conventional broadcasters lost money last year. In 2009, revenue dropped by $116 million before interest and taxes. The latest figures from the CRTC show the profits of cable companies are up by $200 million before interest and taxes.
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