Liechtenstein reorganizes media funding

The government of the Principality of Liechtenstein has presented a total revision of the Media Promotion Act. The aim is to realign media funding and improve its effectiveness and efficiency, according to a press release. The aim is to establish more objective criteria for the granting of subsidies and a clear objective, namely the promotion of opinion-forming reporting on political topics and events to ensure a diversity of opinions. Media funding is now divided into direct media funding, which provides for a lump-sum payment for journalistic and editorial services, and indirect media funding, which reimburses the costs of dissemination as well as training and further education on a pro rata basis.