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.