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CNMC to probe operators' European film funding

Thursday 14 January 2016 | 10:49 CET | News
Spain's communications regulator CNMC has announced the launch of an investigation into possible breaches of the requirement to fund European audiovisual works by DTS (Telefonica), Orange and Multicanal Iberia. Under Spain's Audiovisual Communication Law, operators that broadcast TV channels are required to set aside 5 percent of their operating revenue to fund European films and series. However, the three operators are accused of failing to pay the required amount in the years 2012 (all three) and 2013 (DTS), and could be fined up to EUR 1 million. The investigation will last a maximum of 6

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Categories: Broadcast & Satellite
Companies: CNMC / DTS / Multicanal / Orange / Telefonica
Countries: Spain
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