• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Bulgarian pubcaster facing bankruptcy

February 17, 2020 09.26 Europe/London By Chris Dziadul

The Bulgarian public broadcaster BNT is currently running a deficit of BGN40 million (€20.45 million).

Moreover, reports Capital, quoting its general director Emil Koslukov, the figure could rise up to BGN71 million further by the end of the year.

Figures published by the Public Financial Inspection Agency (PIFA) for the period January 1, 2018 – April 30, 2019 show that the deficit has accumulated due to unforeseen expenses in the last few years.

BTN’s financial problems began to mount in 2017 and reached a peak the following year, when Konstantin Kamenarov was its head.

The broadcaster receives a public subsidy of BGN70 million and last November Koslukov said was it was inadequate.

Failure by the government to act could effectively see BNT declared bankrupt.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Central & East Europe, Newsline Tagged With: BNT, Bulgaria Edited: 17 February 2020 09:26

Avatar photo

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

Latest News

  • Erik Huggers appointed Chairman of Everyone TV
  • GB News presenter told he’d have to ‘pay own Ofcom fines’
  • Spanish SVOD analysed in SVOD Tracker report
  • Poland’s “Lex pilot” law suspended
  • Thema goes FAST in Spain

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q&A with Przemyslaw Frasunek, Redge Technologies

Broadband TV News speaks with Przemyslaw Frasunek, the CEO of Redge Technologies, about the CEE region OTT landscape and the most effective video security solutions.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...