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Latest Satellite News Discussion, Venezuelan TV network fined $2.1 million at General Satellite News forum; Venezuelan TV network fined $2.1 million October 19th, 2011 - 10:02 UTC by Andy Sennitt. Venezuelan broadcasting regulators on Tuesday ...

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Venezuelan TV network fined $2.1 million
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Venezuelan TV network fined $2.1 million - 20-October-2011, 06:50

Venezuelan TV network fined $2.1 million
October 19th, 2011 - 10:02 UTC
by Andy Sennitt.

Venezuelan broadcasting regulators on Tuesday fined Globovision television 9.3 million bolivares ($2.1 million) for the networks coverage of a prison siege. The fine is equivalent to 7.5 percent of Globovisions gross revenues in 2010, the head of the Conatel commission, Pedro Maldonado, told a press conference. He said Conatel concluded that the networks coverage of the crisis in June at a prison on the outskirts of Caracas took the form of a justification for criminal behaviour.

The fine does not mean even a temporary suspension of the networks broadcasts and Globovision can appeal the decision through the courts, Maldonado said.



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