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MuchFACT was a Canadian fund that provided grants to Canadian recording artists to help them produce
music video A music video is a video that integrates a song or an album with imagery that is produced for promotion (marketing), promotional or musical artistic purposes. Modern music videos are primarily made and used as a music marketing device intended to ...
s. FACT stands for Foundation To Assist Canadian Talent. MuchFACT was funded entirely by television cable channel Much (formerly MuchMusic) who committed a percentage of their gross annual revenues to the fund. It was previously funded by M3 (formerly MuchMore) but stopped after the channel was relaunched as Gusto.


History

VideoFACT (as it was originally known) was created in 1984 with the launch of MuchMusic as a condition of its licence applied by the
Canadian Radio-television and Telecommunications Commission The Canadian Radio-television and Telecommunications Commission (CRTC; ) is a public organization in Canada tasked with the mandate as a regulatory agency tribunal for various electronic communications, covering broadcasting and telecommunic ...
(CRTC). Two years later with the launch of MusiquePlus, it also became a sponsor, as did MuchMoreMusic when it launched in 1998. Along with the launch of MuchMoreMusic in 1998, a new fund in conjunction with VideoFACT was created called PromoFACT, to help assist in the creation of Electronic Press Kits (EPK) and website productions for Canadian artists, independent record labels and artist management companies. PromoFACT is funded exclusively by MuchMoreMusic. Many of Canada's most influential recording artists received VideoFACT funding for their early recordings, including Sam Roberts, K-os,
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among others. The approach of monetary distribution used by VideoFACT and non-associated Canadian record funding organization (
FACTOR Factor (Latin, ) may refer to: Commerce * Factor (agent), a person who acts for, notably a mercantile and colonial agent * Factor (Scotland), a person or firm managing a Scottish estate * Factors of production, such a factor is a resource used ...
) is not without critics. In 2008, the federally commissioned Wicks Report, instigated by then Prime Minister
Stephen Harper Stephen Joseph Harper (born April 30, 1959) is a Canadian politician who served as the 22nd prime minister of Canada from 2006 to 2015. He is to date the only prime minister to have come from the modern-day Conservative Party of Canada, ser ...
, investigated VideoFACT and its granting apparatus. Chaired by the now defunct Burlington based melodic aggressive punk band The Tirekickers, the Wicks Report identified systemic bias against several specific musical genres, including hip-hop, trip-hop, and melodic aggressive punk rock. The Wicks Report's 28 recommendations have yet to be implemented by the federal government. In 2009, the organizations came under public scrutiny when a letter written by Unfamiliar Records founder Greg Ipp was republished on the internet - in turn promoting the idea that bigger image-based bands shouldn’t be getting such a huge amount of those finite funds as it leaves relatively little, if any, funding for the smaller up-and-coming bands. MuchFACT's executive director publicly disagreed with Ipp however, and went on record to clarify that the foundation's mandate was to support both new and existing talent. In 2009, MusiquePlus discontinued its funding of VideoFACT, instead to focus funding on a similar French-language fund, MaxFACT. In September 2009, VideoFACT was later renamed MuchFACT. In May 2017, the CRTC dropped the requirement for
Bell Media Bell Media Inc. (Canadian French, French: ) is a Canadian media conglomerate that is the mass media subsidiary of BCE Inc. (also known as Bell Canada Enterprises, the owner of telecommunications company Bell Canada). Its operations include nati ...
to continue funding the program. MuchFACT was discontinued on September 26, 2017.


References


External links


MuchFACT

MuchFACT on MuchMusic.com

"Just the FACTS" - kapiTal magazine, December 2006


See also

* BravoFACT {{CTVglobemedia 1984 establishments in Canada 2017 disestablishments in Canada Foundations based in Canada Canadian music mass media Film organizations in Canada Much (TV channel) Music organizations based in Canada Music videos Bell Media