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Spanish govt offers EUR 60 mln to fund RTVE Olympics broadcast

Thursday 24 October 2019 | 14:23 CET | News
The Spanish government has agreed to a request from state broadcaster RTVE for additional funding to acquire rights to air the Tokyo Olympic Games on its free-to-air channels, reports Europa Press. The state will provide a subsidy of up to EUR 60 million on top of the broadcaster's annual budget of EUR 343 million so that RTVE can acquire the rights from Discovery Communications in view of the public interest nature of the event.

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Categories: Broadcast & Satellite
Companies: Discovery Communications / RTVE
Countries: Spain
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