ECONOMY

Greek gov’t accused of trying to control the media

Greek gov’t accused of trying to control the media

Greece’s advertising and broadcasting industries accused the government on Friday of trying to control the country’s media by seeking to create a digital platform for TV advertising that will replace traditional contracts between companies.

The government launched a public consultation on July 1, saying it wanted to set up a trading platform for TV advertising that will be administered by a third party through a tender.

Advertisers and broadcasters will have to use the platform, which analysts think will likely see TV advertising sold in an auction-like process rather than via deals struck directly between the two sides.

There will also be a charge of 10 percent of gross transactions to be paid to the General Secretariat of Information, a government press and information office.

[Reuters]

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