Latvia‘s broadcast watchdog, the National Electronic Mass Media Council (NEPLP) asked the government to provide private television and radio companies support amounting to 1 mn euros, said NEPLP head Ivars Āboliņš appearing on Latvian Radio March 27.
He said that the media industry is on the verge of bankruptcy. Incomes have plunged as advertisers are cancelling contracts en mass. The income of some media outlets has shrunk by 50% and even 70% to 80%. He said that the media is a cornerstone in ensuring state safety, informing the public over the actions it ne...
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