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Telefonica fined EUR 660,000 for EU film funding breach

Wednesday 21 June 2017 | 09:08 CET | News
Spain's communications regulator CNMC has fined DTS (Telefonica) a total of EUR 661,796 for breaches of the requirement to fund European audiovisual works in 2014. 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. In addition to the fine, the regulator also required DTS to invest a total of EUR 7.4 million in European audiovisual content by 2019, including EUR 1.3 million in film production.

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Categories: Broadcast & Satellite
Companies: CNMC / Digital+ / DTS / Telefonica
Countries: Spain
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