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Thursday, February 9, 2012
News Making Money

Georgia Mulling Caucasus Broadcasting

02/11/2009 14:24 (829 Day 05:35 minutes ago)

The FINANCIAL -- According to Civil Georgia, Georgian Public Broadcaster is considering launching of a Russian-language third channel targeting audience in the Caucasus region, Gia Chanturia, broadcaster’s general director, said.

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“We are now working on the idea and [the new channel’s] format is not yet decided, so I can not speak about concrete details yet,” Chanturia said in an interview with the Georgian daily, Rezonansi, published on November 1.

 

He also said that it was not yet possible to say when the new channel would be launched; Chanturia, however, said that “pilot programs” were planned on the first stage.

 

Zurab Dvali, producer of the yet-to-be-launched new channel, told Civil.Ge on November 2, that the funding will come from the state budget. He declined to discuss further details.

 

According to the draft 2010 state budget submitted to the parliament by the government, the funding of the public broadcaster is envisaged by GEL 25 million – the same as it was in 2009. It is not yet clear whether the budget funding will increase for the broadcaster in the course of 2010 if the new channel is launched, or the new channel will use funds from those already planned GEL 25 million.

 

Meanwhile speculations have already started to embrace funding issue with some rumors saying that exiled Russian tycoon Boris Berezovsky is a possible sponsor and that the issue was discussed with the Georgian authorities when he allegedly visited Tbilisi in September. Zurab Dvali said these speculations were totally groundless.

 

Georgian Public Broadcaster currently operates two TV channels and two radio stations.

 

 

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Politics
Israel’s Peres vows cooperation with Greek Cyprus in gas drillingIsraeli

04/11/2011 04:38 (97 Day 16:21 minutes ago)

The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

 

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