French government to tax telcos to finance public TV

26 Jun 2008

According to a report from Reuters, the French government plans to impose a sales tax of 0.9% on telecoms operators and 3% on the advertising revenues generated by privately run broadcasters to fund the country’s public television service. In a speech yesterday President Nicolas Sarkozy confirmed that public TV services would lose their own advertising revenue in progressive stages beginning 1 January 2009 and culminating in a total ban on advertising on public television by December 2011.