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No Increase Of Budget Allocations To The Public TV And Radio Company

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  • No Increase Of Budget Allocations To The Public TV And Radio Company

    NO INCREASE OF BUDGET ALLOCATIONS TO THE PUBLIC TV AND RADIO COMPANY ENVISAGED

    armradio.am
    31.10.2007 18:10

    State budget 2008 does not envisage increase of financing for the
    Public Television and Radio Company of Armenia. In 2007 the Company
    will receive 138 million AMD from the state budget, and revenues
    equal to 425 million AMD are expected from commercials, according to
    the President of the Coucil of Public Television and Radio Company
    of Armenia Alexan Harutyunyan.

    Although the budget revenues are not going to increase, in 2008
    the Public TV will start accomplishing a number of television film
    projects. For this purpose 33 million AMD will be provided to the
    "Yerevan" Film Studio from the state budget. However, the main
    expenses will be covered by commercial revenues and allocations from
    foreign partners.

    "Starting January 1st the network of satellite broadcasting of the
    Public Television will change completely. In particular, the Latin
    American serials will be replaced by programs our compatriots from
    the Diaspora are interested in," Alexan Harutyunyan said.

    Next year the Public TV will start shooting "Sardarapat" film,
    which will be concluded in 2009. The film will be dedicated to the
    90th anniversary of the battle. It is going to be shot jointly by
    French and Russian colleagues, and it can have great success in the
    European, as well as the American cinema market. The film is of great
    patriotic importance.
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