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Thumbs up New 165m more for RTVE - 29-May-2009, 12:10

165m more for RTVE

Spain's government will allocate a maximum of 165 million more for public broadcaster RTVE's 2009 budget, so compensating the corporation for the loss of advertisements.

New laws covering the public broadcaster, to be approved soon, anticipate RTVE won't have any more than 1,200 million in incomes and expenses during 2010-2011 although this amount could increase during the following three years. Growth is unlikely to be over 1% a year. From 2014 on, the amount will be even with inflation.

Apart from the State's allocations for RTVE, the government also anticipates a new income model based on a tax for the use of radioelectric services (80%), another on the private TV channels (3%) and one on the revenue of telcos (0.9%). This point has been very controversial because the country's telcos claim they don't have anything to do with the television market.

Included in the measures are a proposal to allow RTVE to commercialize its radio and TV content on the internet by means of a payment for basic packages. The government will also allow the Corporation to offer contents under conditional access in the case of value-added services.


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