AUDIOVISUAL POLICY: SPAIN SAYS TV CHANNELS CAN BE CONTROLLED BY A SINGLE SHAREHOLDER.
| Position | Brief Article |
The Spanish Government is to amend a law on private television broadcasters to allow a single shareholder to control a channel 100%, a Government spokesman indicated at the beginning of October. Current legislation provides that no single shareholder can directly hold more than 49% of shares in a private Spanish television channel. The anticipated suspension of this threshold, demanded by operators, has been approved by the Cabinet. The reform should be pushed through in the context of the...
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