The European Commission is to investigate Spain's new funding model for state-owned broadcaster RTVE. The new model will see Spain compensating falling advertising revenues with taxes paid by private broadcasters and telecom companies. Private broadcasters will have to allocate 3% of their revenues to public broadcasters, a figure that will be reduced to 1.5% for pay-TV platforms and 0.9% for telcos. Spanish telco Telefónica along with Vodafone and Orange are preparing official complaints.

Other posts by :

1. SES warns of risks for airlines adopting Starlink
2. Starlink facing backlash in South Africa
3. China wants 200,000 satellites
4. Bank raises view on AST to $100 
5. Frost & Sullivan cites Hughes as #1
6. Verizon cutting prices
7. ScotiaBank confuses market over AST SpaceMobile
8. EchoStar gains bank support
9. SpaceX complains to FCC over AST SpaceMobile

Categories: Articles, Broadcast, Regulation