Forecasters focus on broadcast funding in a post-crunch world
Friday 10 April 2009
This is an extract from the April 1 edition of the MIPTV daily News. Consult the full edition here!
Broadcasters are reducing overheads, paying less, and avoiding risk as the crunch intensifies, but it’s useful to hear funding gurus predicting what this means for the future.
At Tuesday’s conference TV Financing: The Big Picture, European media consultant Guillaume de Posch listed the ways in which broadcasters were slashing their budgets. But when asked how many bankruptcies he anticipated among European broadcasters, he robustly answered “Zero”.
He qualified this by saying that he expected some broadcasters would be “massively re-capitalised,” and further consolidation was inevitable.
The UK’s obsession with ...
Broadcasters are reducing overheads, paying less, and avoiding risk as the crunch intensifies, but it’s useful to hear funding gurus predicting what this means for the future.
At Tuesday’s conference TV Financing: The Big Picture, European media consultant Guillaume de Posch listed the ways in which broadcasters were slashing their budgets. But when asked how many bankruptcies he anticipated among European broadcasters, he robustly answered “Zero”.
He qualified this by saying that he expected some broadcasters would be “massively re-capitalised,” and further consolidation was inevitable.
The UK’s obsession with ...
