Spain also pushes for TV advertising ban
Following Spain's lead, France now wants to do the same: the Spanish government is planning to ban advertising on the state broadcaster TVE. This would mean that the broadcaster would lose around half of its revenue.
Following Spain's lead, France now wants to do the same: the Spanish government is planning to ban advertising on the state broadcaster TVE. This would mean that the broadcaster would lose around half of its revenue.
As the Austrian newspaper Standard reports, the losses are to be offset by payments from telecoms groups, private broadcasters and a levy for the use of radio and television frequencies. Furthermore, TVE will not be allowed to spend more than ten percent of its budget on sports rights in future.
Last year, the broadcaster generated around half of its substantial profit of 1.2 billion euros from advertising.
As the Austrian newspaper Standard reports, the losses are to be offset by payments from telecoms groups, private broadcasters and a levy for the use of radio and television frequencies. Furthermore, TVE will not be allowed to spend more than ten percent of its budget on sports rights in future.
Last year, the broadcaster generated around half of its substantial profit of 1.2 billion euros from advertising.
